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Impol Seval registered record high revenue in 2010 – Profit reached 2.5 million euros

The aluminum mill Impol Seval has announced financial results for the last year, in which the company that operates under the control of Slovenia’s Impol registered a record high revenue.

The aluminum mill Impol Seval has announced financial results for the last year, in which the company that operates under the control of Slovenia’s Impol registered a record high revenue.

Owing to high prices of resources, as well as to the penetration of new markets, Impol Seval registered a business revenue of RSD 11 billion last year, 2.4 times more than in 2009, while the company’s business profit was 9 times higher and amounted to RSD 767.1 million.

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Due to bigger financial expenditures, Impol Seval’s end-year result is significantly smaller – RSD 245.2 million. However, this is the best net result achieved by this aluminum mill since 2007.

Sevojno-based aluminum mill is under the control of Slovenian company Impol, which has the 70% stake in the company, while the biggest minority shareholder is the Share Fund, which owns 15% of shares. With the latest price of RSD 1,000 per share, the market capitalization of Impol Seval amounts to RSD 942.3 million (EUR 9.1 million).

Source emg.rs

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