Alfa Plam's incomes in first six months of 2010 amounted to 1.45 billion dinars

Vranje-based range and furnace manufacturer Alfa Plan has published its semiannual financial reports that speak of continuation of the trend of stable operations of the company that is situated in the south of Serbia.

During the first six months of the year, Alfa Plam registered business incomes worth 1.45 billion dinars, which represents a nominal growth of 4.5% against the same period in 2009. The structure of business incomes has been significantly improved due to the fact that almost all business incomes in the first two quarters of this year were the incomes from sales that grew by nearly 35% against the first half of 2009.

Alfa Plam's business profit amounted to 99 million dinars, 1m less than in the same period in 2009, while the company's net profit was 15.8% larger and amounted to RSD 153.5m. And after the second quarter of this year, Alfa's debts remained quite small. This company still has no long-term obligations, while its short-term obligations mainly concern business obligations that grew from 302.4m to 468.7m dinars.

The price of Alfa Plam's shares on the Belgrade Stock Exchange has been oscillating around 8,000 dinars over the last month, while the biggest turnovers in 2010 were registered when the price amounted to 9,000 dinars. With the yesterday's price of RSD 8,012, Alfa Plam's market capitalization amounts to 1.4 billion dinars (13.3 million euros).