Directly Operated Railways, the state-owned operator of the East Coast intercity rail franchise, today published its first Annual Report which reveals that the firm made a profit after tax of £1.2m between its incorporation in July 2009 and March 31 2010.
The firm has also revealed passenger growth of 3% over the period.
Turnover for the nine months to March 31 2010 amounted to £233.8m, mainly reflecting ticket revenue earned from passenger services at East Coast and associated...
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