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اردو

Dec 27, 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.

Pakistan Railways ML1 project freight Aamer Ali Baloch Pakistan Railways revenue

Comments

Comments are closed.

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.

Recommended (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.

Recommended (0)

MZI Nov 30, 2024 05:38pm

Inflation, nothing else. This is not news, actually.

Recommended (0)

Az_Iz Nov 30, 2024 08:01pm

On the right track.

Recommended (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.

Recommended (0)

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 26	278.42
USD PKR Interbank Buying / Dec 26	278.27
USD to Japanese Yen / Dec 24	157.14
USD to Swiss Franc / Dec 24	0.90
Pound Sterling to USD / Dec 24	1.25
Euro to USD / Dec 24	1.04

Stock	Volume
Germany DAX 30 / Dec 23	19,848.77
S&P 500 / Dec 24	6,040.04
Nasdaq / Dec 24	20,031.13
Hang Seng / Dec 24	20,098.29
FTSE 100 / Dec 24	8,136.99
Dow Jones / Dec 24	43,297.03
France CAC40 / Dec 24	7,282.69
India Sensex / Dec 26	78,475.29

Item	Value
Crude Oil USD/Barrel / Dec 24	70.10
Gold 10 Grams PKR / Dec 24	240,487.70
Gold Spot USD/Ounce / Dec 24	2,616.87
Cotton US¢/pound / Dec 24	68.78
Karachi Cotton PKR/37.32 KG / Dec 26	17,785
Petrol/Litre / Dec 27	252.10

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