Egypt’s railway revenues rise 10.3% in H1

Egyptian National Railways Authority’s first-half revenues rose 10.3 percent to 1.033 billion Egyptian pounds ($57.7 billion) from 926.9 million pounds last year, the state-owned statics agency CAMPAS said Wednesday.

Revenues in June rose 17.3 percent to about 175.9 million pounds versus 150 million pounds in the same month last year, a CAMPAS bulletin said.

The number of the passengers using the Egyptian railways fell 1 percent to around 125.7 million for the six months to June, against 127 million during the same period in 2017.

In June, the bulletin said the number of passengers slipped 6.4 percent to 21.5 from 20.2 million in the same month in 2017.

“The quantity of goods transferred in the railways dropped 18.2 percent to 2.171 million tonnes during the January-June 2018 period, compared with 2.567 million tonnes during the same period in 2017,” CAMPAS added.