MERMEREN Kombinat Reports Audited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
For the nine months, sales were EUR 12,069,555 against EUR 14,785,068 a year ago. Operating profit was EUR 5,021,162 against EUR 6,591,408 a year ago. Profit before taxes was EUR 4,820,530 against EUR 6,294,338 a year ago. Net profit for the period was EUR 4,323,371 against EUR 6,294,338 a year ago. Net profit is distributed to holders of ordinary shares was EUR 4,323,371 against EUR 6,294,338 a year ago. Earnings per share were EUR 0.92 against EUR 1.34 a year ago. Earnings before interest, taxes and depreciation were EUR 6,995,238 against EUR 8,532,237 a year ago. Capital expenditures were EUR 822,465 against EUR 1,336,399 a year ago. Cash flows from operating activities, net were EUR 6,180,830 against EUR 7,662,037 a year ago.