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Athens Macedonian News Agency: News in English, 12-07-18
CONTENTS
[01] Horsetrack Racing Organization reports losses in 2011
[01] Horsetrack Racing Organization reports losses in 2011
AMNA / The Greek Horsetrack Racing Organization (ODIE) on Wednesday
reported lower revenues and losses in 2011.
The state-run organisation, in a report, said gross revenue fell to
124.11 million euros in 2011, down from 194.35 million euros in 2010
and 261.23 million euros in 2009, a a decline of 36.1 pct. www.amna.gr
ODIE also announced pre-tax losses of 20.90 million euros, down from
a pre-tax loss of 27.41 million euros in 2010. After tax provisions,
net losses totaled 21.90 million euros in 2011 from a net loss of 28.32
million euros in 2010.amna
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