Astra, net profit worth over one million RON in Q1

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Astra Insurance-Reinsurance Co. ended Q1 2008 with a net profit worth 1.05 million RON, while in the same period last year it had reported losses worth 11.36 million RON, said financial data of the company, published on May 14 on the website of Bucharest Stock Exchange.
 
Astra’s total revenues from investment went down, to 0.49 million RON in Q1 2008, compared with 0.80 million RON in Q1 2007.
 
On March 31, 2008, the total revenues reported by Astra stood at 165.76 million RON, up 37 million RON from the same period in 2007, and the total expenses rose 25.26 million RON in Q1 this year, from Q1 last year, they reached 164.71 million RON.
 
Astra was registered in Romania on Jan. 1, 1991, it is authorized to carry out insurance and reinsurance activities, general life insurance, mainly.
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