Intl. Leasing turnover redoubles

International Leasing in the first half of this year registered turnover worth 138 billion ROL (4.2 million dollars), twice the value posted during the corresponding period of last year, in ROL. “Demand was higher than last year. Some customers have started changing their cars and we have offered them this possibility. We expect to register an even faster turnover growth pace by the end of this year,” explained Ioana Teodorescu, who controls and manages the company. The company’s operating revenues stood at 163 billion ROL, 2.5 times higher as compared to the same period of last year. Beside turnover, operating revenues also include those revenues derived from other operations performed by the company, such as imports and the resale of used cars. Turnover includes payments made within concluded contracts, instead of the total value of sealed contracts. Expenses registered a lower increase as compared to turnover and thus the company’s profit tripled in ROL in the first half, reaching 1.8 billion ROL (above 54,000$). ZF