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Macedonian Heating Utility Toplifikacija Turns to H1 Prelim Net Profit - Table

Aug 11, 2009, 4:27:43 PMArticle by Valentina Dimitrievska
share
August 11 (SeeNews) - Macedonian blue-chip heating utility Toplifikacija said on Tuesday it turned to a preliminary net profit of 53.2 million denars ($1.2 million/863,400 million euro) in the first half of 2009, from a net loss of 121.4 million denars a year earlier.

Macedonian Heating Utility Toplifikacija Turns to H1 Prelim Net Profit - Table

Following are figures from Toplifikacija's income statement (in millions of denars), sent to the Macedonian Stock Exchange (MSE):

H1'09 H1'08
NET PROFIT/LOSS 53.204 -121.437
PRE-TAX PROFIT/LOSS 53.204 -121.437
OPERATING PROFIT/LOSS 104.534 -114.370
GROSS PROFIT 271.005 46.525
SALES REVENUE 798.188 807.166


Toplifikacija is a component of MSE's blue-chip index. Its shares were traded at 3,800 denars by 1410 GMT on Tuesday, 0.09% up from a day earlier.

Toplifikacija (www.toplif.com.mk) supplies heating energy to the Macedonian capital Skopje, a city with a population of over 700,000. The utility has an installed capacity of 560 megawatts.

(1 euro = 61.5315 Macedonian denars)

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