The SPP gas utility recorded a pre-tax profit of Sk3.9 billion ($85 million) in the first quarter of 2002 on Sk18.7 billion in turnover, a massive improvement on a Sk180 million loss in the same period in 2001. The result came on lower costs through a more stable crown and lower world oil prices, as well as higher revenues from increased market prices and a rise in transit fees.
Compiled by Tom Nicholson from press reports.
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
14. May 2002 at 10:00
