Amonil's 1.4 million-euro losses

The company Amonil SA Slobozia registered losses standing at 1.43 million euros in the first half of this year. During the same period last year, it posted net profit worth 2.05 million euros. Turnover during H1 this year reached 31.4 million euros, about 16% higher in real terms as compared to 2003, when Amonil logged deals amounting to 26.9 million euros. From an economic point of view, the first half of this year was heavily influenced by the rise in prices for methane gas, which has had a negative impact on the company’s financial results, according to the company’s representatives. Amonil’s total expenditures came to 32.5 million euros, about 25% higher in comparison to last year’s 24.6 million euros, while revenues increased by a mere 15% in real terms. ZF