A spokesman for CD Cargo told the Czech News Agency (CTK) that "these
figures show signs of the market's revival are now clearly visible."
Despite the mood of tentative optimism, CD Cargo revenues plummeted 23%
to CKr 10.3 billion between January and September, compared with the
same period in 2008, as volumes fell 26.8% to 48.7 million tonnes. CEO
Mr Josef Bazala expects the company to remain profitable in the fourth
quarter, although a full-year loss of around CKr 350 million is
anticipated.
figures show signs of the market's revival are now clearly visible."
Despite the mood of tentative optimism, CD Cargo revenues plummeted 23%
to CKr 10.3 billion between January and September, compared with the
same period in 2008, as volumes fell 26.8% to 48.7 million tonnes. CEO
Mr Josef Bazala expects the company to remain profitable in the fourth
quarter, although a full-year loss of around CKr 350 million is
anticipated.
