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ORGAHIM REPORTS 149% Q3 PROFIT INCREASE
09:04 Tue 04 Dec 2007 - Rene Beekman
 

The trend of increasing growth in financial results continued into the third quarter of 2007, Dnevnik daily said.
On November 30, mostly after the local bourse had already stopped trading, more positive results were announced.

Biggest growth of net profit reached Orgahim from Rouse, 149 per cent. Late September, profit growth was at 9.8 million leva, compared to 3.9 million leva a year earlier.

The increase in profit was the result from increased sales, 95.28 million leva, which was a 34 per cent increase compared to the previous quarter.
Over the same period, consolidated expenses increased with 24 per cent to 88 million leva.

Koalin managed to increase its consolidated net profit by 137 per cent, reaching 17 million leva at the end of the third quarter.
The company reached a 22 per cent increase in sales to 85 million leva, while expenditures decreased with 17 per sent to 75 million leva.

Car battery producer Monbat saw its profits jump with 120 per cent to 12 million leva at the end of the quarter.

 
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