Norway post 2012 profit increases

Newest money newspaper shows, Norway post due to business expansion and cost saving initiatives, 2012 profit increased.
The company net profit increased 6.1%, up to 1116000000 Norway crowns, but operating income remains the same, 22924000000 in Norway. The fourth quarter (10-12 months ), the business of the company net profit fell to 397000000 Norway crowns, and operating income remained stable, 6124000000 in Norway.
The company has access and no access email volume fell 8.2%, resulting in the company mail business income declined slightly, to 10409000000 in Norway.
Norway post president and CEO Dag Mejdell said, the company for five consecutive years to achieve profit growth, mainly due to the implementation of cost savings initiatives.
The Norway Post said, the company is restructuring retail network, post offices into cooperative networks. The next two years, will house 170 post office network service Internet enabled shoppers.
MYEX min Asia International Express
2013-03-07