Toll NZ, the former Tranz Rail, has posted a $41.41 million annual profit which the Australian owners said was not an acceptable return on assets.
The profit for the year to June 30 was a turnaround from a $335.6 million loss last year when there were big writeoffs as the road, rail and ferry operator sold the national rail network back to the Government.
Toll's $41m in NZ 'not good enough'
Tue 23 Aug, 2005
| Posted in: Strait Talking
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