SHORT DESCRIPTION
The transport. Operation of the Massawa – Agordat line Railways was in deficit during the years 1945/1948 E.C. But now with the volume of the increased traffic and the running decreased cost of the trains with the introduction of the Diesel Hydraulic locomotives, our accounts show each year an ever increasing substantial profit as shown hereunder:
The results of the working of the Railway for the year 1956 as compared with the year 1954/55 gave the following results:
|
|
1955/1956 | |
|
|
gross receipts | Eth. $2,733,l56.29 |
| Eth. $2,230,456.49 | working expenses | Eth. $2,316,328.19 |
| Eth. $344,060.27 | Surplus | Eih. $416,828.10 |
GROSS RECEIPTS increased by E.$ 158,639.53 or 6.16%, and the WORKING EXPENSES increased by E.$85,871.70 or 3,85%
A. summary of the traffic receipts and earnings per passengers,
tons and tons/kilometers compared with the previous year 1954-55 are given
below: –
| Unit | 1955/1956 | 1954/1955 | |
| Passenger traffic
Goods traffic |
Eth. $
Eth. $ |
321,144
2,191,310 |
362,152
2,025,343 |
| Total passenger/km
Average receipt per pass/km Average receipts per passenger journey |
Pass/km
Cents Cents |
20,227,434
1.58 78 |
19,980,835
1.55 78 |
| Total Ton/kilometers
Revenue earning Goods Average receipt per ton Average receipt per ton/km |
Ton/km
Tons Eth. $ Cents |
22,122,597
194,149 11.21 9.9 |
19,904,507
177,682 11.39 10.19 |
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