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Romania's Artego posts 6.7 mln lei (1.5 mln euro) 9-mo net profit

Nov 16, 2012, 1:36:55 PMArticle by Mariya Stanimirova
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November 16 (SeeNews) - Romanian rubber products maker Artego [BSE:ARTE] reported a nine-month net profit of 6.7 million lei ($1.9 million/1.5 million euro), figures indicated.

Romania's Artego posts 6.7 mln lei (1.5 mln euro) 9-mo net profit

Artego's gross profit amounted to 8.0 million lei through September, with total revenues and costs at 155 million lei and 147 million lei, respectively, according to data from the company's income statement published on the website of the Bucharest Stock Exchange on Thursday.

The company's net turnover stood at 140 million lei over the period under review.

Comparative figures were not available.

Artego reported an annual net profit of 4.4 million lei in 2011 on a turnover of 198.3 million lei.

(1 euro= 4.5376 Romanian lei)

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