Rompetrol Well Services Ups Profit 57%

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

Rompetrol Well Services posted a 57% surge in net profit to 10.19 million RON last year. The turnover gained 15.41% to 62.56 million RON, of which 93.56% came from product sales.

Revenues gained 13.24% to 63.45 million RON, whereas expenses totaled 51.18 million RON, up by 6.6% yoy. At the end of last year, the company reported total debts of 6.53 million RON, down from 6.34 million RON yoy, whereas receivables gained 16.25% to 11.26 million RON.

Rompetrol Well Services provides oil & gas extraction ancillary services, prospecting not included, and has a share capital of 9.27 million RON divided into shares with a face value of 0.1 RON. The main shareholder is Rompetrol Group BV with 70.40%.

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