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Passenger operator Metro Trains Melbourne fell short of its punctuality and service level targets in the month of August due to a range of incidents both in and out of its control, Public Transport Victoria has said.

Recurring business profit dropped 40.6% to $HK 2.6bn, while underlying business profit dropped 26% to $HK 3.4bn, caused largely by the troubled Shatin – Central Link (SCL) project in Hong Kong and an onerous contract for the South Western Railway (SWR) franchise in Britain.

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