calcalist.co.il ✍️ The article reports on the first year of operation of the red ...

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2025-04-17 04:01:53

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✍️ The article reports on the first year of operation of the red line of the light rail in Gush Dan, Israel, operated by company Taval, which generated 159 million shekels in revenue and 22 million shekels in EBITDA.
👉 Taval generated 159 million shekels in revenue and 22 million shekels in EBITDA in its first year of operation.
👉 The company's performance was affected by the low number of passengers, which was lower than expected due to the war.
👉 The company is in talks with the Israeli government to renegotiate the contract.
👉 The company's revenue is expected to increase in the future.

#GushDan #Israel #business

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calcalist.co.il (nprofile…m2lw)

According to the estimates of the National Transportation Authority, it was expected that 200,000 passengers would travel on the line per day on average. However, in reality, only 110,000 passengers traveled on the line. At the peak of the war, the daily number even dropped to 17,000. The operator of the line, Tabl, reported revenues of 159 million shekels in 2024.
https://www.calcalist.co.il/local_news/article/b1vftptcjl

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2025-04-17 04:01:53

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