Compa Sibiu Ends 2023 with RON767M Turnover, Up 4%; Net Profit Triples to RON7.6M
Car parts producer Compa Sibiu ended 2023 with RON767 million turnover, 4% above the 2022 level, while the company’s net profit tripled to RON7.6 million.
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Car parts producer Compa Sibiu ended 2023 with RON767 million turnover, 4% above the 2022 level, while the company’s net profit tripled to RON7.6 million.
*Marius Motogna, investor: "Companies are listed at a multiple compared to the book value, but when the shareholders withdraw from the companies, in some cases, valuations appear where the price is far below the book value"The recent evaluations of some companies drawn up to determine the price they have to pay to shareholders who withdraw from companies, following corporate operations such as divisions or changing the object of activity, have caused dissatisfaction among investors.
*2.5% decrease for Hidroelectrica shares*Different developments for banking shares, mainly due to the ex-dividend correction of BRD securities*Bonds of the Cluj County Council, worth 76 million euros, were listed on the BVB
Car parts producer Compa Sibiu posted consolidated turnover worth RON597 million and RON10.2 million net profit in the first nine months of 2023.
Car parts producer Compa Sibiu is contemplating a possible separation of some activity lines.