EnglishChemical plant Chimcomplex - Borzesti (RASDAQ:CHOB) concluded the first nine months of the year with a net profit of 2.34 million RON (697,200 EUR), down 5x y/y amid increasing water and energy costs. Nine months through the year, Chimcomplex generated 126.5 million RON (37.7 million EUR), down by 3.1% y/y from 130.5 million RON. In the first three quarters of 2006, the company had generated a net profit of 11.6 million RON.
In the first nine months of 2007, Chimcomplex incurred water and energy expenses in the amount of 53.48 million RON (15.9 million EUR), up by 28.7% y/y from 41.55 million RON. Chimcomplex has a share capital of 88.7 million RON (25.46 million EUR) divided into 88.7 million shares with a face value of 1 RON. The company is controlled by A2 Impex SRL with 96.05%.
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