15 June 2026,   17:39
more
Georgian Railway published its annual report - last year’s profit amounted to nearly GEL 153 million

Georgian Railway published its annual report. Last year’s profit amounted to nearly GEL 153 million, whereas in 2024, the figure stood at 68 million.

The company states that this is the result of improved operational activities and reduced financial expenses. The growth dynamics continued into 2026. In the first five months, the company’s freight turnover volume increased by 8% compared to the same period of the previous year. As for the financial management performance indicator of the business, it increased by 91% in the 5 months of 2026, amounting to nearly 123 million.

In the same period of 2025, this indicator was 2 times lower, standing at GEL 64.5 million. Regarding net profit, in the 5 months of 2026, this figure reached nearly GEL 88.5 million, which represents a 50% increase.

MORE HEADLINES