Bloomberg News

Transnet Says Full-Year Revenue Rises 6.6%, Profit Jumps 9.4%

June 27, 2011

June 27 (Bloomberg) -- Transnet SOC Ltd., the state-owned South African ports and rail operator, said fiscal full-year revenue from continuing operations increased by 6.6 percent to 38 billion rand.

Earnings before interest, tax, depreciation and amortization from continuing operations jumped 9.4 percent 15.8 billion rand in the 12 months through March, Johannesburg-based Transnet said in a statement posted on its website today.

To contact the editor responsible for this story: Vernon Wessels at vwessels@bloomberg.net


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