BC Ferries made more money from less passengers in its last fiscal year, according to financial results released this week.The ferry corporation's revenue was up 6 percent, to $681-million, for the year ended March 31, 2009. Revenue the previous year was $641-million.Vehicle and passenger traffic was down about 5 percent in 2008-2009 compared to the previous year. BC Ferries president David Hahn blamed the decreased traffic on the global economy, reduced tourism, rising unemployment, higher fuel prices last summer and significant weather events in the winter.Net earnings for the most recent year were $9-million, compared to net earnings of $37-million the previous year. The company said the lower earnings reflect higher amortization and financing costs this year as a result of buying new vessels.Three new vessels, the Coastal Inspiration, Coastal Celebration and Island Sky all entered service during the fiscal year ended March 31. BC Ferries also took possession of a fourth new ship, the Northern Expedition, which entered service on the Prince Rupert-Port Hardy route in mid-May.