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Romanian Abrasive Materials Maker Carbochim 9-mo Net Profit Jumps - Table

Nov 14, 2008, 6:33:25 PMArticle by Kristina Belkina
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November 14 (SeeNews) - Romanian abrasive materials producer Carbochim on Friday reported a nine-month net profit of 1.66 million lei ($546,400/436,000 euro), up from 254,000 lei net profit a year earlier.

Romanian Abrasive Materials Maker Carbochim 9-mo Net Profit Jumps - Table

Carbochim has forecast a gross profit of 1.5 million lei for this year from 206,602 lei in 2007.

The company stock was last traded at 8.8 lei, up 10%, on the Bucharest Stock Exchange, BVB, on September 19.

Following are details from the company's financial statement filed with the BVB (in millions of lei):

9-mo'08 9-mo'07
NET PROFIT 1.66 0.254
GROSS PROFIT 1.95 0.305
NET TURNOVER 26.2 24.28
TOTAL REVENUE 27.2 24.98
TOTAL COSTS 25.2 24.68

Carbochim (www.carbochim.ro) is based in Cluj-Napoca, northwestern Romania.

(1 euro =3.8064 Romanian lei)

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