BUDGET FOR PROFIT
2nd January 1959, Page 41
2nd January 1959
Page 41
Page 41, 2nd January 1959
— BUDGET FOR PROFIT
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rAA PROFIT of about £30.000 in the current financial year ending in March is expected by Portsmouth Passenger Transport Department. Originally, a surplus of £5,156 Was forecast.
A net surplus of £13,650 is forecast for 1959-60. It is based on the gradual discontinuance of the trolleybuses and their replacement by motorbuses. If the trolleybuses were continued, extra expenditure on overhauls would wipe out the expected profit.