Car parts manufacturer Compa Sibiu posted a net profit of 3.25 million RON (1.03 million EUR) in the second quarter, recording a 30.15% rise from 2.27 million RON in the year-ago quarter, according to a report to the Bucharest Stock Exchange. The company reported a turnover of 76.87 million RON (24.5 million EUR) in the second quarter, increasing by 32.22% from 58.14 million RON in the same period last year.
Compa"s net profit amounted to 7.28 million RON (2.3 million EUR) in the first half of the year, increasing by more than 50% from 3.4 million RON in the first six months of 2006. Turnover totalled 153.41 million RON (48.95 million EUR), up by 29.98% from 118.029 million RON in the same period last year.
Compa 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 Julius Baer International Equity Fund with 6.2%. Compa Sibiu is listed on tier 2 of the Bucharest Stock Exchange, under the symbol CMP and has a capitalisation of 249.76 million RON (78.29 million EUR).