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Romania's Boromir Prod turns to profit in 2014

Author Martin Raynov
Romania's Boromir Prod turns to profit in 2014

BUCHAREST (Romania), May 29 (SeeNews) - Romanian milling and baked goods company Boromir Prod [BSE:SPCU] said it turned to a non-consolidated net profit of 3.836 million lei ($974,200/868,700 euro) in 2014 from a net loss of 4.715 million lei a year earlier.

Boromir Prod posted an operating profit of 4.218 million lei in 2014, after booking an operating loss of 5.360 million lei a year earlier, it said in a bourse filing.

The company's total revenue grew to 106.301 million lei from 91.050 million lei in 2013.

According to latest available figures, its share capital remained unchanged at 23.306 million lei.

  2014 (in mln lei) Y/Y Change (%) 2013 (in mln lei)
Net profit/loss 3.836   -4.715
Pre-tax profit/loss 3.932   -6.012
Operating profit/loss 4.218   -5.360
Total revenue 106.301 17% 91.050
Cash and cash equivalents 814,868 -13% 939,565
Share capital 23.306 0.0% 23.306

(1 euro = 4.4165 Romanian lei)

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