Results (5634Z)
March 19 2012 - 3:00AM
UK Regulatory
TIDM45ET
RNS Number : 5634Z
Georgian Railway LLC
19 March 2012
Georgian Railway Announces Financial Results
Georgian Railway LLC, Georgia's integrated railway company,
announces its financial results for the year 2011.
Revenue in 2011 was GEL 477.4 million, representing an increase
of 18% over revenue in the year 2010.
Revenues from both freight traffic and passenger traffic
increased in 2011. Freight traffic revenues increased by 16%, while
passenger traffic revenues increased by 4%.
Net profit for the year 2011 amounted to GEL 174.4 million, an
increase of 72% compared with the net profit of GEL 101.5 million
for the year 2010.
Full Financial Statements are available at the company's
website, at http://railway.ge/files/audit/2011.pdf
This information is provided by RNS
The company news service from the London Stock Exchange
END
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