CEU connecteast group
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News: ConnectEast Group increases Dec revenue

  1. FNN News
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    07/01/11
    10:28
    Post #: 7699498
    .

    ConnectEast (ASX:CEU), the owner and operator of EastLink has announced that average daily revenue for December was 10 per cent higher in 2010 compared with the previous year.

    Average workday trips were also up 9.4 per cent, and daily trips 8.8 per cent higher.

    Commercial traffic growth also increased.

    In the month of November, ConnectEast reported average daily revenue was 12.4 per cent higher than the same period the year before.

    In the year to the 30 June 2010 ConnectEast Group reported a loss of $53.6 million.
    CEU Price at posting: 42.5¢ Sentiment: None Disclosure: Held
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