The volume of passenger traffic on the Russian Railways network increased by 1.6 in August%

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AK&M 01 September 2021 16:37

The volume of passenger traffic on the Russian Railways network in August 2021 increased by 1.6% to 95.4 million YoY. In suburban traffic, the number of passengers decreased by 0.7% to 84 million, in long-distance traffic it increased by 22.9% to 11.4 million. This is stated in the message of Russian Railways.

In January-August 2021, 695.5 million passengers were sent (+26.3% compared to January-August 2020), of which 631 million (+24.9%) were in suburban traffic, 64.5 million (+41.1%) in long – distance traffic.

JSC "Russian Railways" is one of the world's top three railway companies. The company started operations on October 1, 2003. The founder and sole shareholder of JSC "Russian Railways" is the Russian Federation. On behalf of the Russian Federation, the powers of the shareholder are exercised by the Government of the Russian Federation. Russian Railways ' net profit under RAS for 2020 decreased to RUB 282.96 million from RUB 53.45 billion a year earlier. Revenue decreased by almost 2% to RUB 1.8 trillion from RUB 1.95 trillion. Gross profit decreased by 14% to RUB 263.16 billion from RUB 305.93 billion.