ZF English

Kandia in the red in 2003

18.05.2004, 00:00 9



Sweets producer Kandia Timisoara, a division of the Excelent Group, ended 2003 with 212.2bn ROL turnover, 34% lower than in 2002. The turnover decline brought about losses. Compared with 2002, when it had logged 226.3bn ROL profit, the 2003 financials show a 2.56bn ROL loss. The majority shareholder of the company is Excelent SA Bucharest, which owns 62.08% and plans to acquire control over all Kandia shares. The other significant shareholders are Rivta Handelsges Mbh and Broadhurst Inv. Ltd. The company is listed on RASDAQ, and last traded for 850 ROL. Kandia shares have almost plummeted to the previous 52 weeks' low of 670 ROL. The company's market capitalisation amounts to 101.4bn ROL ($3 million). ZF



 

Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels

Comandă anuarul ZF TOP 100 companii antreprenoriale
AFACERI DE LA ZERO