people just dont understand uber and ride hailing in general,,, the idea is to get as many riders "hook" onto these services , and to make that work, base fares are kept low, if uber or careem was expensive like A taxi or Metro cab, no one would use it.
other thing is that the financial model is based on pure demand supply,, if there are more riders on the road requesting cars, uber algorithm,kicks in with surge pricing, otherwise, drivers can complain all day about less earnings. you have to be at the right spot right time, mornings 7AM , 8AM, 2PM,445PM,and 8PM ( guess why ?)
problem with a country like pakistan is that there is so much unemployment that people are desperate for anything hence the "excess" driver supply on uber that is driving profits down.
people also make the mistake of not treating uber as a business model , they buy expensive new cars and then complain of low profits and wear tear . whats the point ? start with a minimal investment ,go for a used 660cc car . you will earn more in the form in the long run. bank installments for a leased car would kill your profits if u go for a new WAGON R .