Cear first quarter profit drops 52% - The Nation Online: Cear first quarter profit drops 52%
Grace Phiri May 20, 2019 0 Comments
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Central East African Railways (Cear) has posted a 52 percent decline in profit to $2.1 million (about K1.6 billion) in the first quarter of this year, a situation company officials say is due to an unmet target for cargo.
Speaking to journalists in Blantyre on Friday, Cear finance manager Christina Chithila said the profit declined from $4.4 million (about K3.3 billion) achieved in the first quarter of 2018.
Grace Phiri May 20, 2019 0 Comments
�
Central East African Railways (Cear) has posted a 52 percent decline in profit to $2.1 million (about K1.6 billion) in the first quarter of this year, a situation company officials say is due to an unmet target for cargo.
Speaking to journalists in Blantyre on Friday, Cear finance manager Christina Chithila said the profit declined from $4.4 million (about K3.3 billion) achieved in the first quarter of 2018.
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