Celhart Donaris Back In Black In H1, Posts 1 Mio RON Net Profit

F.A.
English Section / 3 septembrie 2008

Celhart Donaris - Braila, a paper and cellulose manufacturer, concluded H1 with a net profit of 998,100 RON, up from losses of 1.32 million RON in the corresponding period of last year, amid an 80% increase in turnover, according to an announcement to RASDAQ. The turnover actually reached 16.74 million RON (4.56 million EUR), up by 79.56% y/y. Celhart Donaris has a share capital of 47.62 million RON divided into 19.05 million shares with a face value of 2.5 RON. The majority shareholder is Echopack - Ghimbav (RASDAQ:AMCP) with 88.1% of the capital. SIF Banat Crisana (SIF1) holds 11.16%. Celhart Donaris has a market value of 11.4 million RON (3.2 million EUR) as per the latest quotation of 0.6% dated 11 August. The company is listed on RASDAQ, the XMBS Section, as CEDO.

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