EnglishIn the first quarter, Compa SA Sibiu posted a net profit of 4.02 million RON (1.2 million EUR), up 3.4 times from the same period last year, when profit totaled 1,18 million RON, according to a report to the Bucharest Stock Exchange. Turnover rose 28% from Q1 2006, amounting to 76,53 million RON (23,13 million EUR).
Shareholders in Compa SA Sibiu have decided not to disburse dividends, but use last year"s net profit as self-financing source. In 2006, the company posted a net profit of 8,44 million RON, while turnover totaled 241,8 million RON.
Car parts manufacturer Compa Sibiu has a share capital of 14,87 million RON (4,4 million EUR), divided into 148,67 shares with a face value of 0,10 RON. The company is controled by the Employees Association with 53,58%, followed by Citibank Romania with 6,93%. Compa Sibiu is listed on tier 2 of the Bucharest Stock Exchange, under the symbol CMP.
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