English
ICIT Fibresin SA - Iasi (RASDAQ:ICIT) has released preliminary information indicating that the turnover doubled to 2.21 million RON last year from 1.08 million RON in 2006. Revenues increased from 1.09 million RON in 2006 to 2.29 million RON in 2007.
Expenses totaled 2.25 million in 2007, up from 1.06 million RON in 2006. The gross profit estimated for 2007 amounted to 44,000 RON, up from 31,258 RON in the year before. The net profit would be 37,000 RON, up by nearly 15,000 RON y/y. Debts remained constant at 199,000 RON and so did receivables - 118,000 RON.
The chemical factory has a share capital of 654,913.62 RON divided into 2,425,606 shares with a face value of 0.27 RON. The leading shareholder is Eugen Martonca with 46.93%. The Employee Association is second with 28.59%.
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