EnglishElectroprecizia - Sacele reported 35.3 million RON (9.5 million EUR) in turnover for Q1 of the year, up by 2% y/y. Three months through the year, the company landed a net profit of 133,000 RON (36,000 EUR), up from losses of 600,000 RON in the corresponding period of 2007.
Q1 revenues amounted to 37.2 million RON, up by 5% y/y, whereas expenses gained 36.9 million RON, up by 3%. Last year"s turnover reached 150.7 million RON (42.7 million EUR), down by 15.5% y/y. The net profit was 201,630 RON, over 20x less than in the previous year.
Electroprecizia manufactures and markets electric engines and various electric equipment for cars. The main shareholder is Intercom with 49.5%.
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