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Losses of "Railway of Moldova" State Enterprise (CFM) in 2020 amounted to 215.89 million lei, up 8.1 times compared to 2019 (26.52 million lei).

Losses of "Railway of Moldova" State Enterprise (CFM) in 2020 amounted to 215.89 million lei, up 8.1 times compared to 2019 (26.52 million lei).

According to the published annual financial statements, the company's sales volume decreased over the year by 38.1% - from 967.56 million lei in 2019 to 599.05 million lei in 2020. At the same time, the cost of sales decreased by 25% - from 915.06 million lei to 685.89 million lei. The commercial expenses of CFM increased by 17.6% - from 1.53 million lei to 1.8 million lei, and administrative expenses decreased by 4.2% - from 45.42 million lei to 43.53 million lei. The total assets of CFM increased over the year by 16.2% - from 3 billion 416.6 million to 3 billion 968.8 million lei, and current debts increased by 56.4% - from 233.95 million to 365.93 million lei. The authorized capital of the enterprise is 2 billion 208.09 million lei. CFM is a 100% state-owned enterprise. //22.07.2021 - InfoMarket.

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