Elastron Steel Service Centers SA Reports Group and Company Earnings Results for the Second Quarter and Six Months Ended June 30, 2012
For the six months period, on group basis, the company reported turnover of 32,753,670, loss before taxes of 2,497,930, loss attributable to shareholders of 3,424,530 or 0.1836 per basic share compared to the turnover of 45,003,680, loss before taxes of 412,940, loss attributable to shareholders of 590,110 or 0.0316 per basic share for the same period year ago. Total outflows from operating activities was 2,523,450 compared to the 7,119,550 for the same period year ago. Acquisition of tangible and intangible fixed assets was 80,040 compared to the 199,540 for the same period year ago.
For the quarter, on company basis, the company reported turnover of 15,324,700, loss before taxes of 680,130, loss attributable to shareholders of 769,240 or 0.0413 per basic share compared to the turnover of 19,941,320, loss before taxes of 241,010, loss attributable to shareholders of 127,560 or 0.0068 per basic share for the same quarter year ago.
For the six months period, on company basis, the company reported turnover of 27,853,590, loss before taxes of 1,816,930, loss attributable to shareholders of 2,708,480 or 0.1452 per basic share compared to the turnover of 37,905,320, loss before taxes of 240,180, profit attributable to shareholders of 3,060 or 0.0002 per basic share for the same period year ago. Total outflows from operating activities was 3,308,550 compared to the 6,219,800 for the same period year ago. Acquisition of tangible and intangible fixed assets was 22,730 compared to the 180,190 for the same period year ago.