Morocco’s trains carried more than 39 million passengers in January-September 2023, the National Railway Office (ONCF) announced on Friday.
This activity generated a turnover of nearly MAD 2 billion, a 15% increase compared to the same period of 2022, the Office pointed out in a press release.
The freight activity turnover fell to MAD 1.04 billion, under the effect of a cyclical decline in phosphate freight volumes, the same source noted.
Concerning Earnings Before Interest, Taxes, Depreciation and Amortization, it exceeded MAD 1 billion, reflecting the excellent performance of ONCF as a railway operator.
For its part, net debt fell by 1.3% to MAD 44.7 billion at the end of September, confirming control of the Office’s debt.
add your comment
Terms of publication : Not to offend the writer, people, sacred things, or attack religions or the divine self, and refrain from racist incitement and insults.