Company officials were not immediately available to comment on the decrease.
Its stock closed up 2.04% at 0.3 lei on the Bucharest Stock Exchange, BVB, on Thursday. The results were released before the start of Friday's trading session.
Following are figures from the company's income statement filed with the BVB (in millions of lei):
9-mo'08 | 9-mo'07 | |
NET PROFIT | 72.64 | 104.24 |
GROSS PROFIT | 77.26 | 115.29 |
TOTAL REVENUE | 107.26 | 156.05 |
TOTAL COSTS | 29.99 | 40.76 |
SIF 3 Transilvania (www.siftransilvania.ro) said earlier it expects its net profit to fall by 52% to 53 million lei this year.
(1 euro = 3.7251 Romanian lei)