Story thread · 5 reports / 4 sources

Transnet records profit

sanews.gov.za · 3dShare

Transnet records profit Transnet has recorded a profit of R4.6 billion for the financial year ended 31 March 2026, marking a contrast to the R1.9 billion net loss recorded in the previous financial year. The State-owned freight logistics company announced its financial results for the year ended 31 March 2026 on Thursday. Key highlights from the results are as follows: Revenue increased by 7.1% to R88.6 billion, driven by higher rail and pipeline volumes and weighted average tariff increases. Reported a profit of R4.6 billion, compared to a loss of R1.9 billion in the previous financial year. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased by 0.7% to R30.9 billion with the EBITDA margin decreasing by 2.2% to 34.8%. Net operating expenses increased by 10.8% to R57.7 billion. Capital investment decreased to R23.3 billion, supporting infrastructure renewal, operational recovery and future growth. “The improvement in financial performance was supported by

First report: Transnet posts profit for the first time in four years, but still long way to go to recovery — citizen.co.za, 4d