Stalprofil SA Reports Group and Company Earnings Results for the Fourth Quarter and Year Ended December 31, 2012; Reports Impairment for the Fourth Quarter of 2012
For the year, the group reported revenues from sale of products, goods and materials of PLN 930,049,000 against PLN 795,254,000 a year ago. Operating profit was PLN 38,610,000 against PLN 59,684,000 a year ago. Profit before taxation was PLN 31,681,000 against PLN 55,592,000 a year ago. Net operating profit was PLN 25,326,000 against PLN 44,851,000 a year ago. Net profit for the business year was PLN 25,326,000 against PLN 44,851,000 a year ago. Net profit for business year allocated to shareholders of the parent entity was PLN 17,391,000 against PLN 37,101,000 a year ago. Basic profit per share based on financial result for the business year was PLN 0.99 against PLN 2.12 a year ago. Net operating cash flow was PLN 27,310,000 against PLN 47,480,000 a year ago. Expenditure on the purchase of tangible fixed assets and intangible assets was PLN 38,637,000 against PLN 47,837,000 a year ago.
For the quarter, the company reported revenues from sale of products, goods and materials of PLN 108,377,000 against PLN 130,015,000 a year ago. Operating loss was PLN 19,000 against operating profit of PLN 3,980,000 a year ago. Profit before taxation was PLN 40,000 against PLN 4,683,000 a year ago. Net operating profit was PLN 11,000 against PLN 3,928,000 a year ago. Net profit for the business year was PLN 11,000 against PLN 3,928,000 a year ago. Net operating cash flow was PLN 4,128,000 against PLN 22,590,000 a year ago. Expenditure on the purchase of tangible fixed assets and intangible assets was PLN 7,008,000 against PLN 1,079,000 a year ago.
For the year, the company reported revenues from sale of products, goods and materials of PLN 476,981,000 against PLN 540,148,000 a year ago. Operating profit was PLN 14,885,000 against PLN 31,403,000 a year ago. Profit before taxation was PLN 16,335,000 against PLN 29,903,000 a year ago. Net operating profit was PLN 13,781,000 against PLN 24,241,000 a year ago. Net profit for the business year was PLN 13,781,000 against PLN 24,241,000 a year ago. Basic profit per share based on financial result for the business year was PLN 0.79 against PLN 1.39 a year ago. Net operating cash flow was PLN 9,749,000 against PLN 28,415,000 a year ago. Expenditure on the purchase of tangible fixed assets and intangible assets was PLN 18,332,000 against PLN 2,896,000 a year ago.
The company impairment write-offs at the beginning of the period of PLN 1,605,000.