EnglishProdplast Bucharest reported revenues of 63.814.029 RON for 2006, up 8,3% from 2005, according to the company"s preliminary report. Product sales accounted for 62.916.742 RON and total exploitation ravenues amounted to 65.431.308 RON, increasing by 9,71%, while expenses reached 60.789.016 RON, up 10,09% yoy.
Financial profit declined by 69,45% in 2006, totaling 19.201 RON. Prodplast"s net profit between January 1st and December 3st 2006 was 3.948.694 RON, up 4,04% yoy.
The company"s fixed assets declined by 5,21% amounting to 25.760.704 lei. However, current assets surged 2,6 times compared to 2005.
The company"s short-term debt increased by 10,48% from 2005, totaling 5.047.447 lei. At the end of 2006, Prodplast had no long-term debt whereas in 2005 long-term company debt totaled 1.899.375 RON.
Last year, the company increased its share capital from 11,65 million to 37.847.280 RON. Prodplast shares have a face value of 1 RON/share and they are listed on the Bucharest Stock Exchane, Tier 2, under the symbol PPL.
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