Transnet reports a R4.6 billion profit for the year ended 31 March 2026, marking its first annual profit in four years. This follows a R1.9 billion loss in the prior year.
The company attributes the turnaround to higher rail and pipeline volumes and tariff increases. It also cites a R12.5 billion gain associated with the sale of a stake in the Durban Gateway Terminal, which contributes to the improved results.
While outlets broadly agree on the profit figure and the prior-year loss, they differ slightly in emphasis. One report focuses on the operational and revenue drivers alongside the large transaction-linked gain, while another highlights that despite the profit, recovery is still ongoing.
