Passenger transport comp check "for the first time" profit exceeded one billion 8/3
Passenger transport company check "for the first time" profit exceeded one billion dinars 8/13/2015
8/14/2015 0 Comments
Ministry of Transport announced on Thursday, to achieve the company's public passenger transport, "the first time" financial profit exceeded one billion dinars, while pointed out that the company was considered "lost" last year. The ministry said in a statement received (range Press), a copy of which, "The General Company for Passenger and delegations to transfer achieved for the first time a financial profit of $ (1,302,569) billion and three hundred and two million five hundred and sixty-nine thousand dinars after it was from money-losing companies." Ministry of Transport and added that "the company has been in the past year and in the same month are losing reaching loss (477) four hundred and seventy-seven million ID", noting that "the Minister of Transport, face transfer loss-making companies into profitable through a series of actions that contribute to supplement this Corporate fundamentals of success. " The Ministry of Transportation, announced on Monday (June 15, 2015), achieving financial profits exceeded two billion and a half billion dinars over the past five months, while its contribution to free transport effectively confirmed the transfer of the popular crowd and displaced gray Volunteers and participants in religious events. The transport ministry confirmed on Monday (the 30th of March 2015), the need to transform the ministry companies to profitable companies and to achieve revenue for the development of its performance, and counting with the minister that there is interference investment projects for the first time in the history of the ministry.