Good for Business, Lithuania, Railways, Transport
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Tuesday, 21.05.2019, 11:59
Lithuanian Railways' revenue grew by 6% in 8 months
BC, Vilnius, 15.09.2017.
Print version
Print versionLietuvos Gelezinkeliai (Lithuanian Railways) said that its revenue for the eight months through August rose by 6% year-on-year to reach 282.1 million euros, informs LETA/BNS.
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The state railway company's net profit for January through August came in
at 1.3 million euros.
Freight volumes increased by 7.54% to 33.7 million tons and passenger
numbers were up by 3% to 2.5 million. Freight transit shipments via Lithuania
increased by 25% and export shipments grew by 21%.
The rise in rail freight transit volumes was due to increased shipments to
Kaliningrad, with coal shipments up by 64.6% and oil and oil product shipments
up by 45.6%.
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