Petrolexportimport Profit Plunges 85%

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

Petrolexportimport - Bucharest concluded last year with a net profit of 1.92 million RON, down by 85% yoy. Revenues lost 34.2% to 83.49 million RON, whereas expenses declined by 27% to 81 million RON. Operating revenues accounted for some 94% of the total revenues, whereas operating costs totaled 74.68 million RON.

The company reported debts in the amount of 47.37 million RON, up by 11.84% yoy. Fixed assets totaled 8.05 million RON, up by 8.4% yoy, whereas movable assets lost 8.8% to 62.86 million RON, of which stocks accounted for 66%.

Petrolexportimport is an trades in fuel, minerals and chemical products and has a share capital of 6.13 million RON divided into 408,697 shares with a face value of 15 RON. The company is listed on the Bucharest Stock Exchange Tier 2 as PEI

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