WORKING PROFIT UP.

Auckland Star, Volume LXX, Issue 128, 2 June 1939, Page 9

WORKING PROFIT UP.

m RAILWAY ACCOUNTS. FIGURES FOR APRTL PERIOD. (From Our rnrrrsponrtcnt.) WELI.TXI iTON", Thursday. An inerea>e of £72.">0 in the working profit of the Railway Department is shown by the accounts for the first period of lnnO-JO. from April 1 to April 20. compared with the rc-uii lor the , corresponding period of laM. year. The net revenue was .t Illil.O.".:!. £'.is.xo:j in lO.'tS. Ka-ter holiday trallic was included in both period-, but thiyear's return wa- inlliienced by the 10 per cent increa-c iu fnrex and freights which operated from Pccemlicr 11 la-t.

The gro—i revenue for the four week* wa- £777 ,-"■!'(), an increase of £20.."i l;{. I the e\pen-es were £H71.">:17, all iueiea-e of £l.i.2!i:i.

The operating profit on file Ninth I-land railways vva- £4!<. HI, or £7-!S more than la-t year, while that in Ihe South l-land increased by £:itisl to £21.77 t. In the North l-land revenue deereased by £1712 to £:t!>:l.4ii:i and expen-es decreased by ii I to lo £:i."jii.u."rj. In the South l-land the revenue at £2."iH,71i7 was £li.'is lov.er and expense* were down liv £ «:U«.I to Ci:W.W.\.

Net revenue fn.m oilier than railway services was £:U.HC.S. or £2H41 more than last year. The gross revenue was £119,3t>o, and the expenditure £84,492.