Ceramica - Iasi Profit Doubles In 9 Months

F.A.
Ziarul BURSA #English Section / 16 noiembrie 2007

Iasi-based bricks and tiles manufacturer Ceramica (RASDAQ:CERE) concluded the first 9 months of the year with a net profit of 11 million RON (3.27 million EUR, up 2x y/y amid a 20.4% increase in turnover. Nine months through the year the company posted a net profit of 5.44 million RON and a turnover of 36.2 million RON (10.8 million EUR) up from 30 million RON in the year-ago period.

Ceramica - Iasi has a share capital of 8.16 million RON (2.35 million EUR) divided into 16.3 million shares with a face value of 0.5 RON. The majority shareholder is Eurobrick International BV with 65.88%.

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