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Montenegrin Rail Carrier ZPCG Q1 Net Loss Up 14% Y/Y


7.5.2012 14:58:00 | Author/Source www.seenews.com

Montenegrin state-controlled rail transport operator Zeljeznicki Prevoz Crne Gore (ZPCG) said its net loss widened to 479,897 euro ($629,790) in the first quarter of 2012 from 421,642 euro a year earlier.

Operating income rose to 1.3 million euro through March from 1.2 million euro a year ago, while operating costs increased to 1.7 million euro from 1.6 million euro, ZPCG said in a financial report filed with the Montenegro Stock Exchange last week.


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