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Improved Resul is from C.I.E.

25th August 1961, Page 43
25th August 1961
Page 43
Page 43, 25th August 1961 — Improved Resul is from C.I.E.
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A WORKING profit of £420,654 is 1--1 shown in the accounts of Coras lompair Eireann for the year ended March 31, 1961, as compared with a deficit of 13,042 for the 1959-60 year. After interest and sinking fund payments there was a net deficit for 1960-61 of £246,174.

Although road freight revenue was up, the operating profit of £132,548 for this department represented a decrease, but in the road passenger section there was a risc in both revenue and profit, the latter standing at £764.305.

Whilst the number of double-deck buses owned by C.I.E. rose from 728 to 770, the number of single-deckers fell from 524 to 497. All the single-deck buses overhauled during the year were repainted in the new colour scheme of rose pink and cream.

Prime movers employed in fir. goods department were increased by 28, to 979, this being principally attributable to a rise in the tractor total. Trailers also rose in number. At 494 m. there was a slight fall in the vehicle mileage for the passenger fleet.

MAN PRODUCES MORE VEHICLES 'THE German concern, Maschinen

fabrik Augsburg-Niirnberg AG, producer of MAN vehicles, announces that it plans to manufacture a total of 13.000 goods vehicles and motor buses over the current year. This compares with 12,000 units last year and about 11,000 units in 1959. Two-thirds of the company's goods vehicle output is now made up by heavy-vehicle production.

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