Gozo Channel has reported a profit of €1.01 million for the year ending December 31, 2015.

The company registered a loss of €1.6 million in 2012 and €1.3 million in 2013. In 2014 it registered a marginal profit of €59,000.

“The company is committed to continue building on the positive results while improving the service for Maltese and Gozitans, as well as tourists who travel between the two islands,” Gozo Channel chairman Joe Cordina said in a statement.

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