Annual Gathering of Stockholders of "AK" at "ЖДЯ"
Yakutia Railways and JSC "AK YAKUTIA" have announced impressive results for the year 2024, with both companies reporting significant growth in various areas of operation.
During the annual general meeting of shareholders, the Board of Directors and the Revision Commission for JSC "AK YAKUTIA" were elected, while Yakutia Railways saw the re-election of Dmitry Dmitrievich Sadovnikov as its chairman. The meeting for Yakutia Railways was held last Thursday.
Yakutia Railways transported an impressive 5,681.5 thousand tons of coal in 2024, exceeding the annual plan by 5.7%. This is a significant increase compared to the previous year, although specific growth rates could not be determined from the available data. Coal accounted for 67% of the total volume of cargo transported by Yakutia Railways in 2024.
The company's revenue for 2024 was over 13 billion rubles, representing an increase of 8.2% over the annual plan and a staggering 28.1% over the previous year. Yakutia Railways also reported a record-breaking net profit of over 1.2 billion rubles, more than doubling the annual plan and the previous year's figure.
In addition to its rail operations, JSC "AK YAKUTIA" reported a 6.2% increase in freight traffic and a 9% increase in passenger traffic compared to the previous year. The Council of Directors, following a combined in-person and remote vote, comprises 6 representatives of JSC "RZD" and 5 representatives from the Republic of Sakha (Yakutia).
In 2024, Yakutia Railways transported 8,436 thousand tons of cargo and 423 thousand passengers, although the growth rates for these figures could not be determined from the available data. The Audit Commission, following the vote, comprises 2 representatives of the Irkutsk Regional Office of the Internal Control Center "Zheldorkontrol" and 1 representative from the Republic of Sakha (Yakutia).
These impressive results for both Yakutia Railways and JSC "AK YAKUTIA" underscore the companies' continued importance in the region's economy, particularly in the areas of resource extraction and transportation. For precise and up-to-date figures on 2024 growth rates, cargo composition, and passenger statistics of JSC "AK YAKUTIA" and Yakutia Railways, official reports, press releases from the companies, or transport industry regulatory bodies in Russia would be required.
The impressive financial growth of Yakutia Railways and JSC "AK YAKUTIA" in 2024 has attracted the attention of the industry, as the collaboration between these companies and the transportation sector significantly contributed to the region's economy. The finance sector may also take notice of the record-breaking net profit reported by Yakutia Railways, highlighting the potential for further investment in the business and transportation sector.
