Vrancart - Adjud Posts 64.83 Mln RON Turnover

F.A.
Ziarul BURSA #English Section / 16 februarie 2007

Vrancart - Adjud posted 64.83 million RON in turnover (+28.22%) in 2006. Revenues totaled 67.63 million RON (+25.83%), whereas expenses totaled 61.43% (+27.46%). The net profit was 5.25 million RON (+11%).

Vrancart also reported tangible assets of 64 million RON (+38%) and movable assets of 21.96 million RON. Short-term debts reached 15.47 million RON (+77%), whereas long-term debts totaled 4 million RON (+255%).

The cardboard company has a share capital of 57.47 million RON divided into shares with a face value of 0.1 RON. The majority shareholder is SIF Banat Crisana with 73.91%. The company is listed on the Bucharest Stock Exchange Tier 2 as VNC.

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