Port Otago reports substantial profit
NewsPort Otago’s 2023/24 financial report reveals a 30% increase in net profit, reaching NZ$ 30.4 million (US$ 19 million), driven by four core business units.
The New Zealand government is negotiating with Toll New Zealand to buy back its rail and ferry assets and return the NZ rail system to full state ownership. The government already owns the track network, which it bought for NZ$1 as part of the deal that saw Toll New Zealand take over the other assets of the failed Tranz Rail.
By registering you will have: