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01/04/2014
17:51
Russian Railways passenger traffic up 1.3% to 234.7 million in Q1 2014

In January-March 2014, the passenger traffic of JSC Russian Railways increased by 1.3% year-on-year to 234.7 million, according to the company's statement.

Passenger turnover decreased by 5.2% year-on-year to 25.7 billion passenger-kilometers.

In March 2014 alone, Russian Railways provided services to 84.6 million passengers (+0.3% year-on-year). Passenger turnover decreased by 7.6% year-on-year to 8.6 billion passenger-kilometers.

JSC Russian Railways (tax number: 7708503727) was established on November 1, 2003 on the basis of the Ministry of Railway Communication. The state holds 100% of the company's shares which owns a railway system stretching for 85.5 thousand km. The company's authorized capital is RUB 1.888 trillion.

IFRS net profit of the company for 2012 dropped 2.2-fold to RUB 78.262 billion from RUB 169.588 billion in 2011. Revenue increased by 4.1% to RUB 1.54 trillion from RUB 1.479 trillion. Operating profit (before subsidies from the federal and local budgets) was RUB 72.038 billion, EBITDA decreased by 8.9% to RUB 319 billion from RUB 350 billion, EBITDA margin to 21% from 24%.

According to the DataCapital information retrieval system, RAS net profit of Russian Railways for 2013 dropped 19.07 times to RUB 740 million from RUB 14.11 billion the year before. Revenue increased by 0.77% to RUB 1.377 trillion from RUB 1.366 trillion, sales profit decreased by 12.81% to RUB 58.78 billion from RUB 67.415 billion, pre-tax profit 3.41-fold to RUB 19.399 billion from RUB 66.153 billion

"AK&M", 01.04.2014

 

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