Citibus Ltd
Citibus Limited operates commuter, charter and tour coach services throughout the South Island.
Citibus had a pleasing improvement in revenue during the year, due largely to its increased presence in Dunedin with its blue'n'gold, commuter-friendly buses.
While the company once again made a trading loss, this amount was a considerable improvement on previous years. It will continue to upgrade its fleet as part of its long-term strategy to increase market share in the difficult road passengter transport industry.
| Financial highlights | 2009 | 2008 |
|---|---|---|
| What we earned | $8.6m | $6.8m |
| What we made | -$0.3m | -$0.7m |
| What we own | $11.1m | $9.5m |
Last reviewed: 16 Oct 2009 10:03am





