Romanian Valve Producer Armatura 9-Mo Net Loss Almost Unchanged Y/Y - Table

November 15 (SeeNews) - Romanian valve manufacturer Armatura on Thursday said its nine-month net loss stayed almost the same at 2.66 million lei ($1.12 million/768,900 euro) from 2.655 million lei a year earlier.

Armatura said in May it expects to turn to a gross profit of 2.5 million lei in 2007 from a loss of 6.6 million lei in 2006.

Following are Armatura's financial results for the first nine months of 2007 (in millions of lei):

Its shares ended down 3.85% at 0.50 lei on the Bucharest Stock Exchange on Thursday. The announcement came after the end of trading hours.

Armatura (www.armatura.ro) is based in Cluj-Napoca in northwestern Romania. It employs 413.

(1 euro = 3.4606 Romanian lei)