Perla increased its proceeds by one quarter in 1Q
Article Abstract:
Perla (Usti nad Orlici, Czech Republic), the largest Czech shirting manufacturer, saw a profit of over CEK 11 mil in 2000. The firm was also profitable for 1Q 2001. It saw proceeds of CEK 324 mil for 1Q 2001, 25% more compared to 1Q 2000. The proceeds growth was influenced by exports, which increased by 40% for 1Q 2001 compared to 1Q 2000. Exports represent 60% of the firm's proceeds. Perla exports most of its production, mainly to Germany, Italy and Poland. The firm's results were positively influenced by its restructuring, the change of its products line and the growth of demand for its products.
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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Finop Holding not to pay dividend
Article Abstract:
Finop Holding (FH) (Prague, Czech Republic), investment company, will not pay dividend for 2000. The company will leave its 2000 net profit of CEK 148 mil retained in its fund. In 1999 FH generated a net profit of CEK 1.2 bil. Its 2000 revenues amounted to CEK 49.68 bil. FH's chief shareholder is the bank CSOB (Czech Republic), which wants to offer the purchase of shares in Finop for CEK 550 per piece to minority shareholders in 2001.
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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