Independent journal on economy and transport policy
06:21 GMT+1
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IN the Lines it communicates to have reached an agreement with the majority of own creditors
The company of Greek navigation has closed the first semester with a reduction of the net loss
September 20, 2012
Answering to a specific question of the Hellenic Capital Market Commission (HCMC), the Greek national commission for the Stock exchange, the Greek company IN the Lines (Maritime Company of Lesvos) has announced to have reached an agreement with the majority of own creditors thanks to which the passivities are reorganized or limited.
IN the Lines it last year has archived item the first semester of the 2012 with a net loss of 18,2 million euros on revenues for 30,4 million euros respect to a net loss of 27,1 million euros on revenues for 36,1 million euros in the first half. The EBITDA has been negative for 11,9 million euros respect to a result negative for 21,0 million euros in the first half of 2011.
In the second solo trimester of the 2012 Greek company April-june has totaled a net loss of 9,2 million euros on revenues for 17,1 million euros respect to a net loss of 15,1 million euros on revenues for 21,3 million euros in the period last year. The EBITDA has been negative for 5,9 million euros respect to liabilities of 11,9 million euros in according to trimester of 2011.
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