ISLAMABAD: The National Highway Authority (NHA) on Sunday said its gross profit was declining continuously over the past three years as the pace of its expenditure growth was outpacing annual incomes.

In a statement, the NHA said its gross profit in FY2022 amounted to Rs45.77bn but plunged by more than half (52pc) a year later in FY2023 to Rs21.84bn. The gross profit further went down by about 34pc to just Rs14.28bn by end of FY2024.

The entity responsible for the construction, maintenance and operations of major highways and motorways across the country claimed that it was primarily financing its managerial and operational cost from its own resources without exerting extra burden on the federal government.

The NHA bemoaned that it had “shown consistent growth in revenue generation from diverse streams such as toll operations, right-of-way (ROW) charges, rental income, police fines, and build-operate-transfer projects”, but its “accounting financial........

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