*

Hitt og þetta 27. apríl 2006

Gexco AB reports Q1 operating loss of SEK1.30m

Nordic Business Report-April 27, 2006-Gexco AB reports Q1 operating loss of SEK1.30m
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish gold mining company Gexco AB issued its first quarter report on Thursday (27 April), posting an operating loss of SEK1.30m, as compared to a loss of SEK1.00m in the first quarter of 2005.

The company reported a net turnover of SEK65,000 in the first quarter of last year, but reported no revenues this year.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

((Comments on this story may be sent to tww.feedback@m2.com))