Coal exports and container volumes help Transnet gain billions

South Africa's state logistics firm Transnet said on Monday revenue for the full-year ending March 2018 rose 11.3 percent to 72.9 billion rands.

South Africa's state logistics firm Transnet said on Monday revenue for the full-year ending March 2018 rose 11.3 percent to 72.9 billion rands ($5 billion), boosted by increased volumes of export coal and container volumes.

Transnet said in a statement that coal export volumes it transported by rail for the financial year rose 4.3 percent to 77 million tonnes.

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