Impact Developer & Contractor Posts 7-Fold Profit Surge

F.A.
Ziarul BURSA #English Section / 15 mai 2007

Impact Developer & Contractor concluded Q1 with a net profit of 2,179,724 RON, up by 7.28 times more than in Q1, 2006. The company"s net turnover slid 5.35% to 17,339,877 RON. Revenues amounted to 31,342,097 RON (+26.68%), whereas expenses totaled 27,976,322 RON (+19.36%).

Fixed assets increased by 0.97% to 57,852,740 RON of which tangible assets accounted for 70%. On March 31st, the company reported receivables of 73,373,672 RON (-10.51%) and short-term debts of 54,674,055 RON (+0.90%). Long-term debts reached 127,442,603 RON (-17.88%).

Impact Developer & Contractor is listed on BVB Tier I as IMP and has a share capital of 100,000,000 RON divided into shares with a face value of 0.1 RON/share.

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