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Russian Railways increased 5M carriage of passengers by day express trains

In January-May 2019, the day express trains of JSC Federal Passenger Company (a subsidiary of JSC Russian Railways) transported about 6.8 million passengers (+21.2% year-on-year), the press service of Russian Railways informed.

In May 2018 alone, the day express trains transported 1.6 million people (+30% year-on-year).

Day express trains are express trains moving in the day-time and mainly composed of coaches intended for sitting.

59 day express trains are currently serving 35 routes in Russia.

JSC Federal Passenger Company (FPC, a subsidiary of JSC Russian Railways, tax number: 7708709686) started its business activities on April 1, 2010. FPK was established pursuant to the structural reform program for the railway transportation system and the strategy of development of a long-distance passenger transportation complex.

JSC Russian Railways (tax number: 7708503727) was established on October 1, 2003 on the basis of the Ministry of Railway Communication. The Government of Russia is the sole owner of the company. The company?s authorized capital is RUB 2,254,029,003,000.

RAS net profit of JSC Russian Railways for H1 2018 decreased by 18.48% to RUB 25.585 billion from RUB 31.385 billion for the same period in 2017. Revenue increased by 5.78% to RUB 875.813 billion from RUB 827.933 billion, sales profit decreased by 13.62% to RUB 78.139 billion from RUB 90.463 billion, pre-tax profit by 11.77% to RUB 45.971 billion from RUB 52.102 billion.

IFRS net profit of the Russian Railways holding for 2018 was RUB 35.4 billion. The holding's revenue for 2018 increased by 7.2% year-on-year to RUB 2.413 trillion from RUB 2.252 trillion. 12-month EBITDA increased by 6.4% year-on-year to RUB 527 billion from RUB 496 billion.

"AK&M", 11.06.2019 13:41


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