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2010 September 1   09:08

Net loss of Latvian Shipping Company in H1 over €20.5m vs profit a year earlier

Net loss of Latvian Shipping Company in January-June 2010 exceeded 20.5 million euro against a profit of 6.623 million euro for the same period last year, the company press release said. Revenue over the same period shrank by 50.5%, to 36.968 million euro.

Latvijas kugnieciba is a Latvian shipping company that operates its own 23 tankers and 2 leased vessels.

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