Zentiva Romania 9-mo net profit soars to 124 mln euro

The company's revenue climbed 27.2% on the year to 684.6 million lei, with revenue from the sale of goods accounting for 645.8 million lei and service revenue amounting to 38.8 million lei, Zentiva Romania said on Wednesday.

Operating profit rose to 112.5 million lei during the nine months through September, from 25.3 million lei in the corresponding period of the previous year.

Zentiva has production facilities in Czech Republic, Romania, and India. It owns a 95.95% stake in the Romanian company, while the remaining shares are in free float on the Bucharest Stock Exchange.

Zentiva Romania's shares traded 2.07% lower at 2.84 lei as of 1505 CET on Friday on the Bucharest bourse.

(1 euro=4.9711 lei)