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Pasazieru vilciens posts EUR 148,712 in Q1 profit
BC, Riga, 28.04.2015.
Print version
Print versionJoint-stock passenger rail company Pasazieru vilciens concluded the first quarter of the year with EUR 148,712 in profit, the company informs LETA.
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During the first three months of last year, the company posted EUR 2.3 million in losses.
In the first quarter of the year, Pasazieru vilciens achieved EUR 14.94 million in net turnover, which was by EUR 752,101 more when compared to the same period last year.
However, the company did see a 3.4% reduction in passenger numbers in the first quarter of the year.
The joint stock company Pasazieru vilcienswas founded on November 2, 2001 according to the restructuring program of the state stock company Latvijas dzelzcels (The Latvian Railroad).
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