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HSD Group reports Q2 operating result of NOK9.30m.

NORDIC BUSINESS REPORT-23 August 2006-HSD Group reports Q2 operating result of NOK9.30m(C)1994-2006 M2 COMMUNICATIONS LTD

The Norwegian ferry, bus and transport operator Hardanger Sunnhordlandske Dampskipsselskap ASA (HSD Group) issued on Tuesday (22 August) its interim report for the second quarter, posting an operating result of NOK9.30m, as compared to NOK20.07m in the second quarter of 2005.

The result for the second quarter last year was boosted by a gain of NOK5.95m from asset sales.

Operating revenues amounted to NOK399.59m, up from NOK385.62m in the second quarter last year.

HSD Group is in the process of acquiring Gaia Trafikk AS.

One Norwegian krone (NOK) is worth approximately 0.09 British pounds (GBP).

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Title Annotation:Hardanger Sunnhordlandske Dampskipsselskap
Publication:Nordic Business Report
Article Type:Brief article
Geographic Code:4EXNO
Date:Aug 23, 2006
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