Kaolin `07 unconsolidated profit doubles
Article published from Dnevnik.bg on 2008-02-04 08:00:00Category: Business in Rousse
The mining company Kaolin said unconsolidated profit more than doubled to over 17 mln levs in `07. Sales added 23% y/y to 105.3 mln levs while operating costs were up 26% y/y to 90.7 mln levs. Financial income more than tripled to 5.5 mln levs. The company stock gained 2.37% on Fri to 14.02 levs on a volume of 30,000 shares. Kaolin has just announced the acquisition of a silica sand quarry in Serbia as part of its expansion in Southeast Europe.