With important increase of the turnover (sales) of as well as for net results (profits) before taxes it closed the third Quarter 2004 for SOLINOYRGIA LIMPAR. TZIRAKIAN PROFIL S.A
The company continuing its ascendant course presented increase in its turnover (sales) at 23,37 % and it amounted in the sum of 24.029 thousands of Euros from 19.478 thousands of Euros that were the corresponding period 2003.
The net pre taxes profits amounted in the sum of the 4.281 thousands of Euros from 412 thousands of Euros that were the corresponding period 2003. The above reported increase of net profits emanated mainly because the improvement of percentage of mixed margin of profit from 11% that was in the third Quarter of 2003 in 25% the third Quarter 2004 as well as in the maintenance of rythm of Administrative Expenses-Distribution Expenses and Debits of Interest in the same roughly levels with the ones of last year's period.
The circulating asset in the third Quarter 2004 amounted in the sum of 35.695 thousands of Euros from 30.968 thousands of Euros presenting increase 15% concerning the corresponding last year's period.
With regard to the liabilities while long-term did not show no change from last year's corresponding period and were maintained constants in the sum of the 9.337 thousands of Euros while short-term liabilities were increased by 12.879 thousands of Euros in 14.513 thousands of Euros rate of increase roughly 13 %.
In level of group results the turnover (sales) amounted in the sum of 26.915 thousands of Euros from 20.831 thousands of Euros that were the third Quarter 2003 presented increase at 29.21 % while the net profits before taxes and afterwards the abstraction of rights of minority amounted in 4.402 thousands of Euros from 236 thousands of Euros that were in the last year's corresponding period.