The Federal Passenger Company showed sales growth of 29 in 2023%

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AK&M 05 March 2024 12:59

The Federal Passenger Company (JSC "FPC") in 2023 showed sales growth of 29%. Revenue from sales amounted to 310 billion rubles, an increase of 70 billion rubles over the year. Revenue for 2023 amounted to 316 billion rubles against 250 billion rubles for 2022. Net profit amounted to RUB 21 billion against RUB 11 billion a year earlier. In 2023, the company employed 54 thousand people. The number of employees increased by almost 4 thousand over the year. Such data are contained in the published RAS financial statements for 2023.

Revenue growth was accompanied by a decrease in compensation payments from the state. In 2023, the company received 8.4 billion rubles of compensation payments from the state. In 2022, they amounted to 12 billion rubles.

The Federal Passenger Company (FPC) is a branch of Russian Railways.

JSC Russian Railways (TIN 7708503727) was established on October 1, 2003 on the basis of the Ministry of Railways. The state owns 100% of the company's shares.