RAILWAY PROFITS
INCREASE LAST MONTH.
FIRST ADVANCE SINCE MAY
For the first time since May the accounts of the Railway Department for the four weeks which ended on October 1.5 show a greater working profit than in the corresponding period last year—£34,7o*2, against £25,630. The working profit in the 28 weeks of the current financial year has been £423,153, against £576,712 last year, and £526,546 in 1925. The decline of £153,559 in comparison with last year is equivalent to nearly 27 per cent. Following is a summary of the net revenue for the seven periods of the financial year:— Period North South Other to Island. Island, services. Total.
£ £ £ £ April 30 86,582 51,078 21,703 160,263 May 28 78,777 34,822 17,144 130,743 June 25 27,521 2,244 14,314 44,079 July 23 16,551 *20,704 16,700 12,550 Aug. 20 11,869 *20,770 15,321 6,420 Sept. 17 29,697 •7,919 12,618 34,396 Oct. 15 26,175 *13,738 22,265 34,702 277,175 25,883120,095 423,153 •Excess of working expenses.
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https://paperspast.natlib.govt.nz/newspapers/HBTRIB19271121.2.69
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Hawke's Bay Tribune, Volume XVII, 21 November 1927, Page 7
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157RAILWAY PROFITS Hawke's Bay Tribune, Volume XVII, 21 November 1927, Page 7
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