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.
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
