
Kazakhstan Railroad Monopoly almost doubled profit last year
Bloomberg reported that AO Kazakhstan Temir Zholy National Co the country state run railroad monopoly had profit of KZT 123.2 billion last year almost double earnings in 2010.
The rail operator boosted profit from KZT 66.5 billion the previous year, the Astana-based company said in a statement on its website. First quarter profit fell to KZT 27.7 billion from KZT 28.3 billion in the fourth quarter of 2011.
Source - Bloomberg
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