Advertisement

Knutsford Express returns to profitability despite revenue dip

 
Knutsford Express Services is reporting a decline in revenue for its third quarter as the company continues to feel the lingering effects of Hurricane Melissa. 
 
Revenue for the three months ending February, fell by 8.2 per cent to $544 million, down from $593 million in the corresponding period last year. 
 
Despite this, the company returned to profitability during the quarter, recording net profit of $15.8 million.


comments powered by Disqus
Most Popular
JMDA gives October 2 ultimatum for IDT to...
JCTU stands with doctors in call for urgent...
JMDA to determine next steps in IDT pressure...