LDz profit may fall
This year the profit of Latvijas dzelzcels (LDz, Latvian railway) will not be so high as in 2007, when it amounted to $52.4 million (28.3 million lats) and the turnover was $485 million (262 million lats), RZD-Partner reports.
In the words of Ugis Magonis, Chairman of the company’s Board, forecasts run that the profit will be $7.4 million (4 million lats) and the turnover will make $300 million (150 million lats).
In the words of Ugis Magonis, Chairman of the company’s Board, forecasts run that the profit will be $7.4 million (4 million lats) and the turnover will make $300 million (150 million lats).