Azeri railways’ profits top $8m in half-year
BAKU – The profits of Azerbaijan’s State Railway Office amounted to 6.5 million manats (over $8.1 million) in the first half of 2010, its chairman Arif Asgarov said.
According to Asgarov, revenues from the transportation of cargo and passengers made up $82.3m manats ($102.8m) in this period.
Shipped consignments accounted for 70.9m manats of the amount, while the remaining 11.4m manats were received from passenger transport.
The railway office’s expenses constituted 75.8m manats ($94.7m) in January-June.
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