Abrasive products manufacturer Carbochim (BSE:CBC) said it expected its full-year pre-tax profit to be around 386,100 lei (€91.800), 2.7-fold higher than it had expected in April, the company said in a filing to Bucharest Stock Exchange.
In the previous shareholders’ meeting the company had assumed a gross profit of 141,000 lei and turnover of 23 million lei.
After revising its forecasts, Carbochim has assumed a turnover of 24.08 million lei, revenues of 23.06 million lei, and expenses of 22.68 million lei.
Carbochim has a share capital of 9.7 million lei divided into 3.88 million shares of a face value of 2.5 lei.
Shareholders of the abrasive product manufacturer are Viorel Popoviciu with 17.66% stake, FIC Banat-Crisana (BSE:SIF1) with 13.08%, Titus Popa with 11.16%, Mircea Ionescu with 10.78% and Ion Raducanu with 10.68%.
The company has a market cap of 10.87 million lei (€2.58 million), according to Friday’s closing quote of 2.8 lei/share.
