Higher combined revenues for the second quarter of 2023 helped boost net profits for Canadian Pacific Kansas City.
Revenues for the second quarter were nearly CA$3.2 billion (US$2.4 billion), up 44% year over year (y/y), CPKC said Thursday afternoon. The y/y figure reflects CP’s results in the second quarter of 2022. Canadian Pacific and Kansas City Southern completed their merger in April to become CPKC (NYSE: CP). Results are reported in Canadian dollars.
Net income was $1.3 billion, or $1.42...
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