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Transnet returns to profit on asset sale, higher freight volumes
State-owned logistics group Transnet on Thursday reported a R4.6-billion profit for the year to the end of March 2026, its first annual profit in four years. The freight rail, ports and pipelines group said in a statement that the profit was mainly due to the sale of its Pier 2 terminal and an improvement in rail and pipeline volumes.
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iol.co.za
Transnet posts an annual profit for the first time in four years
Transnet reported a R4.6 billion profit for the year ended 31 March 2026, reversing a R1.9 billion loss a year earlier. The state-owned logistics company attributed the…
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businessday.co.za
Transnet breaks loss-making curse with R4.6bn profit
Transnet chair Andile Sangqu says first profit in four years reflects better operations and tighter discipline
