Independent journal on economy and transport policy
01:42 GMT+2
Italia loses on operations, gains on revenue
(Sched Net)
August 13, 1998
ITALIA di Navigazione has recorded an operating loss of lira 29 billion (US17 million) for 1997, compared with a loss of lira 14 billion the previous year.
However, the state-owned Italian shipping line and sister company of Lloyd Triestino reported a net profit of lira 2 billion in 1997, while only breaking even in 1996. Last year's profit was attributed ...... Read more on Sched Net
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