The Trend news agency reports that revenues of the Georgian Railway decreased by 2.5 times last year.
The total net income of Georgian Railway is 37 million lari ($ 1 = 1.65 lari) during the first quarter of 2012 compared to 93 million lari for the same period last year.
It is reported that lower income is associated with the implementation of several investment projects, including the project Fast Road, which provides full rehabilitation of the railway, which will increase the speed by three times.
100 percent of shares of Georgian Railway are owned by Partnership Fund.
