1st Quarter Results (6744D)
18 Mai 2012 - 2:27PM
UK Regulatory
TIDM45ET
RNS Number : 6744D
JSC Georgian Railway
18 May 2012
Georgian Railway Announces Financial Results for First Quarter
2012
Georgian Railway JSC (formerly Georgian Railway LLC), Georgia's
integrated railway company, announces its financial results for the
First Quarter of 2012.
Revenue for the First Quarter was GEL 105.8 million,
representing an increase of 2% over the equivalent period in the
year 2011.
Net profit for the First Quarter amounted to GEL 33.1 million,
an increase of 16% compared with the net profit of GEL 28.5 million
for the First Quarter of 2011.
In preparing the First Quarter 2012 financial statements,
management adjusted the First Quarter 2011 financial statements.
See Note 18 to the financial statements for details of these
adjustments
Full Financial Statements are available at the company's
website, at http://railway.ge
This information is provided by RNS
The company news service from the London Stock Exchange
END
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