Australian logistics group Toll Holdings has reported a bigger contribution from its New Zealand ferry and rail business in the first half of its financial year.

Net earnings were AUD 18.6m ($13.68m) in the six months to 31 December, including AUD 2.9m from the sale of refrigerated transport operations, compared to AUD 6.4m in the same period of 2004.



Revenues grew to AUD 320.6m