APP: Business Results Low in 1996
Ljubljana, 7 April - SLOVENIA/ECONOMY/BUSINESS/RESULTS
In its Report on Business Results, Assets and Liabilities to Assets Sources of Enterprises in Slovenia in 1996, the Slovene Agency for Payments (APP) found out that enterprises' business results were rather poor in 1996. A negative difference between revenues and business expenses, a process following a downward trend in the past three years, recorded a strong rise last year. A total net loss of 60.4 billion Slovene tolars (SIT) was recorded in the economy sector in 1996 (a loss that is higher than net earnings).
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