Railways of the Federation of BiH announced that in 2022 they achieved the best financial results in the last 30 years.
It was stated that the company’s total revenues in 2022 amounted to 127.9 million BAM, and total expenses to 126.7 million BAM. Realized net profit amounted to 1.2 million BAM.
Operating profit, before expenses for interest, income tax, and depreciation (EBITDA) in 2022 amounted to a record 29.7 million BAM.
FBiH Railways General Director Enis Džafić stated that the net profit and operating profit achieved in 2022 is above all thanks to the workers and proof of the good business policy of the company.
“We restored the pride of a railway worker and answered all business tasks at the same time. I want to thank all the citizens who use our services, as well as business partners and institutions that have shown their trust in us,” said Džafić.
He explains that the key factors for the increase in the company’s income were the increase in income from goods traffic, passenger traffic, and the provision of services on the railway and locomotive and wagon rental.
In 2022, FBiH Railways transported 8,053,533 tons of goods, which is 49,134 tons more than in 2021, when 8,004,419 tons of goods were transported.
In passenger traffic, the FBiH Railways transported 360,456 passengers in 2022, which is an increase of 170,123 passengers compared to 2021, when the FBiH Railways transported 190,333 passengers.
Total revenues from goods traffic amount to 89.9 million BAM and are higher by 19.8 percent compared to 2021.
Revenues from passenger traffic amount to 2.1 million BAM and are higher by 94 percent compared to 2021, Fena writes.