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Romania's Electrocontact 9-mo net loss widens 50.6% - table

Oct 23, 2012, 4:22:46 PMArticle by Mariya Stanimirova
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October 23 (SeeNews) - The net loss of Romanian electrical equipment manufacturer Electrocontact [BSE:ECT] widened to 697,696 lei ($197,980/152,370 euro) in the first nine months of 2012 from 463,200 lei a year earlier.

Romania's Electrocontact 9-mo net loss widens 50.6% - table

Following are figures from Electrocontact’s income statement filed to the Bucharest bourse (in millions of lei):

Jan-Sept 2012 Jan-Sept 2011
Net Profit/Loss -0.698 -0.463
Gross Profit/Loss -0.698 -0.463
Net Turnover 4.42 4.53
Total Revenue 4.93 5.38
Total Costs 5.63 5.85

(1 euro = 4.5789 Romanian lei)

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