Business News

Motorway Company Posts Net Profit of EUR 23.3M in 2012

Ljubljana, 29 March (STA) - Slovenia's motorway company DARS generated a net profit of EUR 23.3m in 2012, according to the unaudited results published on Friday. Sales revenues amounted to EUR 305.8m, of which road tolls accounted EUR 294.9m.

The profit was slightly down from the EUR 24.6m in 2011, as both the revenues from tolls and the total sales revenues were some EUR 5m lower.

The DARS management and supervisors decided to put last year's profit into the company's reserves, while the fate of the EUR 11m in distributable profit is yet to be decided by the company's shareholders.

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