PTT increases cargo fees by up to 40 percent

PTT has implemented another price hike of up to 40 percent on cargo fees shortly after the previous one.

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PTT increases cargo fees by up to 40 percent

PTT has increased its cargo fees. It has been learned that shortly after the 55 percent hike implemented in February, another increase of up to 40 percent has been applied.

On the other hand, PTT was transferred to the Turkey Wealth Fund (TVF) in 2017. PTT, which made a profit of 641 million liras when it was transferred to the TVF, has incurred losses every year since the transfer.

It was also stated that PTT, whose total loss reached 2.5 billion TL in the 5 years between 2018 and 2022, has paid millions of liras in interest.

ABOUT PTT

The Post and Telegraph Organization General Directorate, or PTT for short, is Turkey's postal service. With the bill passed by the Grand National Assembly of Turkey (TBMM) in May 2013, it became the Post and Telegraph Organization Joint Stock Company.

News Source: 12punto