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LSC net loss has decreased three times in 2011. Vessel operating profit increased by 21%

Datums: 29.02.2012
Izdevums: Nasdaq OMX Riga
Rubrika: Financial Statement Release

Riga, Latvia, 2012-02-29 08:17 CET (GLOBE NEWSWIRE) -- Latvian Shipping Company (hereafter – LSC) and its subsidiaries (hereafter – LSC Group or Group) unaudited net loss in 2011 was LVL 24.9 million (USD 49.70 million) which is three times less than in 2010 when LSC had net loss of LVL 78.4 million (USD 142.44 million).

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LSC net loss has decreased three times in 2011. Vessel operating profit increased by 21%