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Romania's Alro Jan-Sept net profit drops 65% - table

Nov 15, 2012, 5:57:23 PMArticle by Doinita Dolapchieva
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November 15 (SeeNews) - The net profit of Romanian aluminium smelter Alro [BSE:ALR] dropped to 78.8 million lei ($22.2 million/17.4 million euro) in the first nine months of 2012 from 222.5 million lei a year earlier, figures showed on Thursday.

Romania's Alro Jan-Sept net profit drops 65% - table

Following are figures from the company's income statement as published on the website of the Bucharest Stock Exchange (in millions of lei):

Jan-Sept'2012 Jan-Sept'2011
Net profit 78.82 222.45
Gross profit 96.65 266.34
Net turnover 1,582.34 1,702.88
Total revenue 1,927.31 2,036.40
Total costs 1,830.67 1,770.06

Alro is a unit of Dutch-based aluminium producer Vimetco N.V.

(1 euro = 4.5377 Romanian lei)

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