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Romanian Farm Machines Manufacturer Mecanica Ceahlau Jan-Sept Net Profit Up 5.4% - Table

Nov 5, 2008, 1:55:25 PMArticle by Sabina Kotova
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November 5 (SeeNews) - Romanian farm machines manufacturer Mecanica Ceahlau reported on Wednesday a nine-month net profit of 551,300 lei ($195,000/150,000 euro), compared to a net profit of 523,200 lei a year earlier.

Romanian Farm Machines Manufacturer Mecanica Ceahlau Jan-Sept Net Profit Up 5.4% - Table

Company stock traded unchanged at 0.14 lei by 1005 GMT on the Bucharest Stock Exchange (BVB).

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

Jan-Sept'08 Jan-Sept'07
NET PROFIT 0.55 0.52
GROSS PROFIT 0.71 0.58
NET TURNOVER 27.37 24.09
TOTAL REVENUE 32.02 27.81
TOTAL COSTS 31.31 27.22


Mecanica Ceahlau (www.ceahlau.com) is one of Romania's largest agricultural machine manufacturers. It is based in Piatra Neamt, in northeastern Romania.

(1 euro = 3.6797 Romanian lei)

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