Gozo Channel registers profit of more than €1 million in 2015, Chairman hails turnaround
Saturday, 23 January 2016, 11:35
Last update: about 13 months ago
Gozo Channel Ltd announced today that it made a profit of €1,014,025 in 2015.
Company Chairman Joe Cordina said the figure showed the company’s commitment to address the dire financial situation it was in in 2012. The company had registered a loss of €1.6 million in 2012 which was reduced to a loss of €1.3 million the following year.
The company registered its first profit in recent years last year, Mr Cordina said. “The company is committed to improve on these positive results and will keep offering a good quality service to the Maltese and Gozitans as well as the tourists who travel between the two islands,” he said.