T.M.K. Artrom Q1 Net Profit Up 6.3%

Ziarul BURSA #English Section / 14 mai 2007

T.M.K. Artrom Slatina reported a net profit of 12.419.001 RON for its first fiscal quarter ended March 31st, up 6.30% from the same period last year. Turnover rose by 64.53%, totaling 131.237.107 RON. Sales amounted to 121.917.981 RON, compared with 70.506.741 RON a year earlier.

First quarter revenue grew 55.69% to 134.332.758 RON, whereas expenses totaled 121.913.757 RON, increasing by 63.43% from the year-ago quarter. Fixed assets increased by 1.62%, amounting to 375.514.517 RON.

The company has a share capital of 30.792.730,2 RON, divided into shares with a face value of 2.51RON. Artrom is listed on tier 2 of the Bucharest Stock Exchange as ART.

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