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Analysis of the 20 Baht Policy’s Impact on the Red Line and Purple Line Revenue: A Week of Results

Dr. Samart Ratchapolsit, Acting Deputy Leader of the Democrat Party A personal Facebook post about the government’s policy “20 baht for the entire line” that has started to be used on the Red Line and Purple Line, stating that 20 baht throughout the line has started to be used on the Red Line and Purple Line. Since Monday, October 16, 2023, I previously presented results after using this policy for 1 week. It appears that passengers on both electric train lines increased together by 5.6%. Many people want to know how much revenue from fares will come. How much has it decreased?

[ 1. การประเมินผลใน 1 สัปดาห์ ]

1.1 Period: 1 week before collecting 20 baht throughout the call
Starting from Monday, Oct. 9, 2023 to Sunday, Oct. 15, 2023, except Friday, Oct. 13, 2023, which is a holiday. Cannot be compared with Friday, October 20, 2023, which is a working day.

1.2 Period: 1 week after collecting 20 baht throughout the call
Starting from Monday, Oct. 16, 2023 to Sunday, Oct. 22, 2023, except Friday, Oct. 20, 2023, which is a working day. Cannot be compared with Friday, October 13, 2023, which is a holiday.

[ 2. รายได้รถไฟฟ้า 1 สัปดาห์ ก่อนและหลังเก็บ 20 บาทตลอดสาย ]

2.1 Red Line MRT revenue
The Red Line before collecting 20 baht throughout the line for 1 week had an average income of 0.65 million baht per day, and after collecting 20 baht throughout the line, the average was 0.5 million baht per day. That is, the income decreased on average by 0.15 million baht per day, accounting for 23%.

The State Railway of Thailand (SRT) hires SRT Electric Railway Company Limited to operate the Red Line electric train and perform maintenance on an average of 1.31 million baht per day. Therefore, before collecting 20 baht throughout the line, SRT has an average loss. 0.66 million baht per day and after collecting 20 baht throughout the line, the average loss increased to 0.81 million baht per day.

2.2 Revenue from the Purple Line
The Purple Line before collecting 20 baht along the line for 1 week had an average income of 1.3 million baht per day, and after collecting 20 baht throughout the line, the average was 0.8 million baht per day, that is, the average income decreased by 0.5 million baht per day, accounting for 38%.

The Mass Rapid Transit Authority of Thailand (MRTA) hired the Bangkok Expressway and Electric Railway Public Company Limited (BEM) to operate the Purple Line and provide maintenance on an average of 7.39 million baht per day. Therefore, before collecting 20 baht throughout the line, MRTA M. had an average loss of 6.09 million baht per day, and after collecting 20 baht throughout the line, the average loss increased to 6.59 million baht per day.

2.3 After collecting 20 baht throughout the line, the Red Line and Purple Line’s losses increased to 7.4 million baht per day from the previous loss of 6.7 million baht per day.

The Red Line and Purple Line before collecting 20 baht throughout the line for 1 week had a combined average income of 1.95 million baht per day, and after collecting 20 baht throughout the line, the average was 1.3 million baht per day, that is, the income decreased on average by 0.65 million baht per day. Baht accounted for 33%

The SRT and MRTA pay wages for operating the trains as well as maintaining the Red Line and the Purple Line for a total of 8.7 million baht per day. Therefore, before collecting 20 baht throughout the line, the SRT and MRTA are at a loss. The combined average was 6.75 million baht per day, and after collecting 20 baht throughout the line, the average loss increased to 7.4 million baht per day.

[ 3. สรุป ]

In the period of 1 week after implementing the 20 baht electric train policy throughout the line, it was found that the Red Line and Purple Line had a combined 5.6% increase in passengers, but revenue decreased by 33%, causing the SRT and MRTA to lose. The total increased from 6.75 million baht per day to 7.4 million baht per day.

For this reason, the Minister of Transport, the leader of the 20 baht policy, has adopted Must show skill to reduce losses. until there is no loss at all or profit as announced We must find a way to significantly increase the number of passengers on the Red Line and Purple Line.

2023-10-28 13:24:00
#Democrat #Party #reveals #baht #line #drags #revenue #RedPurple #Line

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