Impact Doubles Profit

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

Impact Developer & Contractor reported 14.93 million RON in profit for the first 9 months of the year, up 2.12x y/y. The turnover gained 77.84% y/y. The operating profit reached 11.93 million RON up by 3.34%, whereas tangible assets gained 6.96% to 43.9 million RON. Stocks increased by 20%. The company increased capital by 14.85% to 114.85 billion RON following the subscription of 63% of the shares offered for sale. The subscription price was 1.05 RON/share, which led to a significant increase in equity, to 334 million RON. The leverage calculated for the first 9 months of the year, as a ratio between borrowed capital and equity is 25.99%.

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