Regional News:
Montenegrin Publisher Pobjeda 2011 Net Loss Narrows
27.4.2012 12:07:00 | Author/Source www.seenews.com
Montenegrin newspaper publishing company Pobjeda said its net loss narrowed to some 1.8 million euro ($2.38 million) in 2011 from 4.3 million euro a year earlier.
Operating income edged down to 3.6 million euro last year from 3.7 million euro in 2010, while operating costs shrank to nearly 5.0 million euro from 7.4 million euro, Pobjeda said in its financial report sent to the Montenegro Stock Exchange earlier this week.
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