EnglishAzomures Targu Mures reported first quarter turnover of 199.621.076 RON, up 35.2% from the similar period last year. Revenue increased by 81.31% to 214.928.137 RON, whearas expenses totaled 222.430.060 RON, increasing by 71.74% from the first quarter of 2006. The company cut its loss by 31.64%, to 7.501.923 RON. For this year, Azomures expects net profit of 5.208.000 RON, while investments are estimated at 6.450.636 RON.
Azomures is listed on tier 1 of the Bucharest Stock Exchange as AZO. The company has a share capital of 52.603.263,3 RON, divided into shares with a face value of 0,1 RON/share. The majority shareholder is Transworld Fertilizers Holding Luxemburg (55.97%), followed by Azomures Holdings LLC (19.05%) and Proprietatea Fund (7.69%).
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