Nordic Business Report-April 27, 2006-Gexco AB reports Q1 operating loss of SEK1.30m
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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).
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