AGL 37.85 Decreased By ▼ -0.24 (-0.63%)
AIRLINK 142.47 Increased By ▲ 6.13 (4.5%)
BOP 9.01 Decreased By ▼ -0.19 (-2.07%)
CNERGY 5.72 Increased By ▲ 1.00 (21.19%)
DCL 9.24 Increased By ▲ 0.39 (4.41%)
DFML 39.44 Increased By ▲ 1.10 (2.87%)
DGKC 89.31 Increased By ▲ 3.86 (4.52%)
FCCL 38.54 Increased By ▲ 3.39 (9.64%)
FFBL 77.44 Increased By ▲ 1.23 (1.61%)
FFL 13.62 Increased By ▲ 0.96 (7.58%)
HUBC 109.29 Increased By ▲ 0.59 (0.54%)
HUMNL 15.13 Increased By ▲ 0.40 (2.72%)
KEL 5.78 Increased By ▲ 0.20 (3.58%)
KOSM 8.20 Increased By ▲ 0.24 (3.02%)
MLCF 44.53 Increased By ▲ 3.75 (9.2%)
NBP 73.62 Increased By ▲ 2.68 (3.78%)
OGDC 191.76 Decreased By ▼ -3.49 (-1.79%)
PAEL 27.71 Increased By ▲ 0.75 (2.78%)
PIBTL 7.99 Increased By ▲ 0.53 (7.1%)
PPL 167.17 Decreased By ▼ -0.85 (-0.51%)
PRL 26.83 Increased By ▲ 0.64 (2.44%)
PTC 20.69 Increased By ▲ 0.35 (1.72%)
SEARL 97.53 Increased By ▲ 4.78 (5.15%)
TELE 8.21 Increased By ▲ 0.37 (4.72%)
TOMCL 35.00 Decreased By ▼ -0.49 (-1.38%)
TPLP 9.90 Increased By ▲ 0.99 (11.11%)
TREET 17.35 Increased By ▲ 0.06 (0.35%)
TRG 61.00 Increased By ▲ 1.73 (2.92%)
UNITY 31.64 Increased By ▲ 0.62 (2%)
WTL 1.46 Increased By ▲ 0.09 (6.57%)
BR100 11,096 Increased By 194.4 (1.78%)
BR30 33,289 Increased By 635.2 (1.95%)
KSE100 103,275 Increased By 1917.6 (1.89%)
KSE30 31,969 Increased By 481.1 (1.53%)
Dec 02, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►
Print Print 2024-11-30

PR posts ‘record-breaking’ revenue in 5 months

Recorder Report Published November 30, 2024

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

200 characters
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.
thumb_up Recommended (0) reply Reply
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.
thumb_up Recommended (0) reply Reply
MZI Nov 30, 2024 05:38pm
Inflation, nothing else. This is not news, actually.
thumb_up Recommended (0) reply Reply
Az_Iz Nov 30, 2024 08:01pm
On the right track.
thumb_up Recommended (0) reply Reply
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.
thumb_up Recommended (0) reply Reply

PR posts ‘record-breaking’ revenue in 5 months

Lowest since May 2018: inflation in Pakistan clocks in at 4.9% in November 2024

Another record high: KSE-100 settles above 103,000 with 1,900-point gain

PTI Islamabad protest: ATC issues arrest warrants for Imran, Bushra, 94 others

Rupee registers marginal improvement against US dollar

Ban on Chinese salt import: govt to file review petition against SC decision

French govt faces collapse after opposition says it will back no-confidence vote

Seven MoUs signed with Saudi Arabia converted into $560mn contracts

PM Shehbaz to attend One Water Summit in Riyadh

FM Dar departs for Iran to attend ECO meeting

Oil rises on Chinese data, Middle East tensions

Read more stories