Polimeri Jan – Sept Profit Slides From 2.189 Mln Leva To Just 14,000 leva

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Jan – Sept profit of Polimeri () slides from 2.189 mln leva (1.119 mln euros) a year ago, to just 14,000 leva (7,158 mln euros), shows the non-consolidated report of the Devnya-based chemical plant.

Revenue rose by nearly 4 mln leva y/y to 36.913 mln leva (18.873 mln euros). Net sales revenue stands at 35.228 mln leva (18.011 mln euros). Production sales account for 33.664 mln leva, versus 29.018 mln leva a year ago.

Costs rose by more than 6 mln, to 36.899 mln leva. Costs on economic elements stand at 34.238 mln leva, versus 28.165 mln leva last year. The company spent 18.421 mln leva on materials this year, versus 15.695 mln leva a year ago. Costs on external services are also increasing from 4.312 mln leva to 6.739 mln leva.

Assets amount to 105.610 mln leva (53.997 mln euros), against 103.626 mln leva (52.983 mln euros) last year. Fixed assets are worth some 63.629 mln leva (compared with 41.981 mln leva).

Long-term liabilities stand at 2.068 mln leva, which is by nearly 100,000 leva less than in December 2006. Current liabilities stand at 9.674 mln leva, against 7.606 mln leva nine months ago.

The company has core capital in the amount of 5.325 mln leva (2.722 mln euors) and own capital in the amount of 93.868 mln leva (47.993 mln euros).

Shares rose 1.09% to an average of 13.95 leva at a turnover of 280 shares.

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