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Romania's Mecanica Ceahlau 9-mo net profit falls 16.11%

Nov 9, 2012, 11:20:04 AMArticle by Mariya Stanimirova
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November 9 (SeeNews) - Romanian farming equipment manufacturer Mecanica Ceahlau [BSE:MECF] said its nine-month net profit fell to 5.73 million lei ($1.62 million/1.28 million euro) from 6.83 million lei a year earlier.

Romania's Mecanica Ceahlau 9-mo net profit falls 16.11%

Following are figures from the company's income statement sent on Thursday to the Bucharest bourse (in millions of lei):

Jan-Sept’12 Jan-Sept’11
Net profit 5.73 6.83
Gross profit 6.76 7.17
Net turnover 24.51 25.61
Total revenue 24.84 24.09
Total costs 18.08 16.92

Mecanica Ceahlau's shares closed 1.39% down at 0.1210 lei on Thursday.

(1 euro = 4.5218 Romanian lei)

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