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Knutsford Express records revenue of J$1.98 billion for the financial year

Knutsford Express says it recorded revenue of J$1.98 billion for the financial year, despite the impact of Hurricane Melissa and the suspension of some routes during the recovery period.
 
Revenue declined by 4.5 per cent, while net profit stood at $124.6 million.
 
Knutsford says it also expanded its digital services, including its KEX Rewards programme and a unified platform for passenger and courier bookings and tracking.
 
It resumed operations at its Luana depot in March and fully restored its South Coast network in May in its post  Hurricane Melissa recovery.
 
Knutsford says it is now shifting its focus back to expansion, including a new depot at the Morant Bay Urban Centre and a commercial development in Mandeville, expected to generate rental income.
 


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