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JSC Georgian Railway (38IR)

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Friday 14 February, 2020

JSC Georgian Railway

2019 Preliminary results

RNS Number : 0254D
JSC Georgian Railway
14 February 2020
 

 

 

 

 

JSC Georgian Railway publishes its preliminary results of 2019. It is the first time in the recent history, when the Company shows increase in transportation volumes. Freight volumes have increased by about 9% and resulted 10.8 million tons compared to 10.0 million tons in 2018. Revenue form freight transportation was about GEL 307 million, increased by 28% compared to previous year. Positive change was mainly generated by container transportation volumes, which increased by 39% resulting in 43% increase in revenues.

In 2019 GR had record-breaking results in passenger transportation as well. For the first time in the Company's history, revenue from the passenger transportation exceeds GEL 31 million, therefore the number of transported passengers exceeds 3 million.

For more detailed information, and graphical representation, please visit our LinkedIn page: https://www.linkedin.com/company/georgianrailway/

 


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