November 30 (SeeNews) - Romanian bakery Pajura on Friday said it turned to a nine-month net loss of some 1.9 million lei ($802,600/544,000 euro) from a net profit of 36,660 lei a year earlier, as costs rose faster than revenue.
Pajura upgraded its production lines in the third quarter, it said in a statement without disclosing the size of the investments.
The company's shares closed at 0.39 lei, up 2.63%, on the Bucharest Stock Exchange (BVB) on Friday.
Following are figures from the company's income statement filed with the BVB after the end of trading hours (in millions of lei):
|
|
9-mo'07 |
9-mo'06 |
| NET PROFIT/LOSS |
-1.90 |
0.037 |
| GROSS PROFIT/LOSS |
-1.90 |
0.065 |
| NET TURNOVER |
9.54 |
10.13 |
| TOTAL REVENUE |
11.13 |
11.70 |
| TOTAL COSTS |
13.03 |
11.635 |
Pajura is based in Bucharest. It has a share capital of 2.12 million lei.
(1 euro = 4941 Romanian lei)