Chimpex forecasts total revenue of EUR16.4 million in 2012, up 3.4% on the year, while overall costs are seen falling 1.6% to EUR12.9 million.
The projections for 2012 were made in euros, while last year’s figures were reported in local currency leu. Chimpex revised upward its 2011 net profit to 8.8 million lei (EUR2.08 million), from RON7.73 million previously estimated.
Chimpex has a share capital of 28.2 million shares with a face value of RON2.5. Chemical plant Azomures (AZO.RO) holds 90.43% in the company. Azomures is majority-owned by Swiss grain trader Ameropa Holding AG.
On the Bucharest bourse April 9, Chimpex closed up 11.76% at RON7.98 (EUR1.82) a share.