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Print Print edition: 2024-11-30

PR posts ‘record-breaking’ revenue in 5 months

Published November 30, 2024 Updated November 30, 2024 04:39pm
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LAHORE: In a significant achievement, Pakistan Railways has reported record-breaking revenue, with earnings reaching an all-time high of Rs 33 billion over the past five months through both passenger and freight operations.

This represents an increase compared to the Rs 29 billion generated during the same period last year. CEO of Pakistan Railways Aamer Ali Baloch announced this achievement on Friday, highlighting the organization’s robust performance.

Railways urges govt to include pensioners in national account

He also shared promising news regarding the progress of the ML-1 project, indicating that groundwork for the major infrastructure project is expected to commence by March, 2025.

Copyright Business Recorder, 2024

Pakistan Railways ML1 project freight Aamer Ali Baloch Pakistan Railways revenue

Comments

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KU Nov 30, 2024 12:38pm
It can easily earn 200% much more if Western n South-Western routes are operated regularly, along with traditional Northern routes. Businessmen/people still favour railways as cost effective.
0
Rebirth Nov 30, 2024 04:25pm
Revenue doesn’t necessarily mean net profit or income. That data must also be made public if we’re going to do an IPO of PR and Karachi Breeze. KCR needs to be a joint venture of both.
0
MZI Nov 30, 2024 05:38pm
Inflation, nothing else. This is not news, actually.
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Az_Iz Nov 30, 2024 08:01pm
On the right track.
0
Ashraf Dec 01, 2024 08:29am
Just sharing revenue is not fair. The proportionate rise in Expenses must be compared with, during the said period. I am sure it would be still in loss, but be appreciated if loss is decreasing.
0
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