In a notable achievement, Pakistan Railways has reported an impressive revenue of over Rs. 41 billion during the first half of the fiscal year 2024, surpassing the previous year’s figure of Rs. 28 billion. CEO Amir Baloch attributes this success to the efficient utilization of resources within the organization, signaling a strategic and sustainable approach.
The revenue breakdown reveals a commendable performance across various sectors, with Rs. 24 billion generated from passenger trains, Rs. 11.5 billion from freight trains, and approximately Rs. 5.5 billion from other sectors. Importantly, this accomplishment is realized without additional expenditures or dependency on government funding, showcasing the financial autonomy of Pakistan Railways.
The positive financial trajectory is further underscored by a significant reduction in salary payment delays, indicating an improved financial health for the organization. Active initiatives are also underway to enhance travel facilities, emphasizing a customer-centric approach.
CEO Amir Baloch expresses optimism for future developments, particularly with the upcoming ML-1 project. The commitment to continuous efforts for the advancement of the Railways department is reaffirmed, marking this financial success as a significant milestone for Pakistan Railways and highlighting its ability to thrive independently in the evolving economic landscape.
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