Elstar Oils listed fat producer promises PLN 7.1m of net income

APA - Austria Presse Agentur
opublikowano: 04-11-2005, 14:54

Warsaw (Puls Biznesu) - Elstar Oils, Poland's listed fat producer, had PLN 4.7m (EUR 1.2m) of net income in the first nine months of this year and PLN 97.1m of sales. The company restated its full-year forecast of PLN 7.1m of net income against PLN 140m of sales.

Warsaw (Puls Biznesu) - Elstar Oils, Poland's listed fat producer, had PLN 4.7m (EUR 1.2m) of net income in the first nine months of this year and PLN 97.1m of sales. The company restated its full-year forecast of PLN 7.1m of net income against PLN 140m of sales.

In fact, those forecasts can even be exceeded. The company is cautious because of investments - production lines in the factory. In the third quarter, the company spent over PLN 11m on investments, which should increase its capacity by 50 percent to 150,000 tonnes.

(PLN 1 = EUR 0.252)

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Podpis: APA - Austria Presse Agentur

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