Newspaper publishing company Pobjeda , completed the first half of the year with a net loss of 906.79 euros , 25 percent less than the same period last year .
According to the company’s balance sheet, published on the website of the Securities and Exchange Commission (SEC ) , operating income of Pobjeda at the end of June fell nearly ten percent and amounted to 1.18 million.
Operating expenses reached 2.81 million, which is 23.5 percent more than in the same period. Wages fees and other operating expenses totaled 1.96 million, materials amounted on 400.92 thousand , and depreciation and provisions 143.28 thousand. Other operating expenses were 272.2 thousand.
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Total assets of the company at the end of June, worth 6.03 million, which is nearly 20 percent less than in the same period. Unlisted loss reached 24.94 million, long-term provisions and liabilities 4.41 million and 8.2 million short debt.
