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May 27, 2017

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THSRC April revenue exceeds NT$1 bil.

April revenue of the Taiwan High Speed Rail Corp. (THSRC) reached NT$1.1 billion (US$33 million), the first time the THSRC has made more than NT$1 billion in revenues in a single month, according to a report submitted by the company to the Ministry of Transportation and Communications (MOTC).

The report showed that the THSRC's monthly revenue increased by an average amount ranging between NT$100 million and NT$200 million since it started operations Jan. 5, with NT$598 million of revenue in January, NT$670 million in February and NT$870 million in March.

MOTC's High Speed Rail Bureau Director-general Pang Chia-lin said that while the revenue of April was higher than that of March, a lower passenger load factor of 51.87 percent in April compared to 55.82 percent in March was reported due to an increase of trains in late March and a slower growth rate in the number of passengers.

The THSRC needs to increase its passenger load factor in May before another increase of trains takes place June 1, Pang said, adding that the THSRC also needs to provide a more convenient ticket system including online booking.

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