Prodplast doubles net profit in Q1
Prodplast Bucharest reported net profit worth 1.4 million lei in Q1, double as against the one reported in the same period of 2008, according to a release of the company.
In Q1, 2008, the net profit reached 777.095 lei and gross profit stood at 916.576 le i, doubling in 2009 up to 1.65 million le i.
Overall revenues reached 13.06 million lei, compared to 17.86 million lei in Q1 last year. Expenditures went down from 16.94 million up to 9.38 million lei.
Prodplast company reported net profit of 5.191 million lei in 2008, slightly up as against the net result of 4.292 million lei in 2007.
Prodplast stock company has over 400 years of experience in the field of plastics processing.
Established in 1957, Prodplast stock company has continuously diversified output, so that at present, its products address a wide range of users industrial and household alike on the Romanian market and in 25 countries of 4 continents.
At present, the company is running on entirely private capital being listed with the Bucharest Stock Exchange.