Latvia: LDz's turnover down, reports profit in 1-9/20176.12.2017 Latvia: LDz's turnover down, reports profit in 1-9/2017
DELFI, 06 Dec 2017, online:-
Latvia's state-owned railway company, Latvijas Dzelzcels (LDz), has reported a turnover of EUR 136.359mn in the first nine months of 2017, which was down 2.4% from EUR 139.712mn in the same period of 2016. Revenue from fees for the use of LDz's railway infrastructure accounted for 69.5% of the company's turnover. The public railway infrastructure was used to carry 33.309mn tons of freight over 6.758mn train-kilometres (down 2.1%) and 13.283 passengers over 4.568mn train-kilometers (unchanged) in nine months. The company's profit amounted to EUR 1.925mn in nine months, compared to a loss of EUR 1.078mn a year earlier.
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