Hanoi Metro, the operator of the Cat Linh - Ha Dong metro line in Hanoi, reported profit of nearly VND97 billion ($4 million) in 2022, marking its first year of profitability since opening in late 2021.
According to its audited financial report, Hanoi Metro generated total revenue of VND483 billion ($20.5 million) from sales and services last year, an increase of seven-fold against 2021.
Ticket sales grew nearly 12.5-fold to VND66 billion ($2.8 million).
It has set a target of earning VND519 billion ($21.9 million) in revenue this year and will carry 11 million passengers.
It carried 2.65 million passengers in the first quarter, up 262 per cent year-on-year.
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