VICTORIA, B.C- BC Ferries has recorded the highest passenger and vehicle traffic levels in 20 years.
The company has released its year-end results this week.
Net earnings were just about $60 million compared to $77 million during the last fiscal year.
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Revenues were up almost 40 million dollars, primarily due to higher traffic levels and retail sales.
As for cost increases, there were more sailings as a result of the increased traffic and the company says three new vessels resulted in a one time increase in fuel consumption, labour and training related transition costs.
Story by Sharon Vanhouwe, MyCowichanValleyNow.com
