Business Services Industry
SwitchCore AB reports 6-month operating loss of SEK35.4m
Nordic Business Report, July 20, 2006
NORDIC BUSINESS REPORT-20 July 2006-SwitchCore AB reports 6-month operating loss of SEK35.4m(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish integrated network developer SwitchCore AB reported on Thursday (20 July) an operating loss of SEK35.4m on net sales of SEK38.7m for the financial period January-June 2006.
Operating loss for the six-month period increased from a loss of SEK14.5m while net sales decreased from SEK61.2m, as compared to the corresponding period in 2005.
Operating loss for the quarter April-June 2006 amounted to SEK22.5m on net sales of SEK21.5m,
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))
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