Vrancart shares closed 7.46% lower at 0.058 lei on the Bucharest Stock exchange, BVB, on Friday.
Vrancart has said it expects its gross profit to rise by 23% to 7.0 million lei this year.
Following are figures from Vrancart's statement filed with the BVB after the end of the trading hours (in millions of lei):
9-mo'08 | 9-mo'07 | |
NET PROFIT | 4.46 | 4.20 |
GROSS PROFIT | 5.15 | 4.90 |
TURNOVER | 86.39 | 61.12 |
TOTAL REVENUE | 87.38 | 65.45 |
TOTAL COSTS | 82.23 | 60.55 |
Vrancart (www.vrancart.ro), based in Vrancea, southeastern Romania, says it is the leader on the domestic toilet paper market. Its main competitors in the cardboard segment are Dunapack, Romcarton and Ambro. Vrancart employs 990.
(1 euro = 3.7487 Romanian lei)