Sadovaya Group S.A. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012
Sadovaya Group S.A. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, revenue was $8,988,038 against $19,034,062 a year ago. Operating profit was $1,387,290 against $2,963,137 a year ago. Profit before tax was $576,070 against $2,306,211 a year ago. Profit for the period was $476,709 against $2,090,878 a year ago. Earnings per share was $0.01 against $0.05 a year ago. Profit attributable to equity holders of the parent was $481,717 against $2,036,187 a year ago. Net cash flows from operating activities was $3,011,298 against net cash flows used in operating activities of $6,044,644 a year ago. Purchase of property, plant, equipment and intangible asset was $7,224,115 against $4,571,832 a year ago.
For the nine months, revenue was $36,343,084 against $62,408,722 a year ago. Operating profit was $4,186,804 against $11,111,442 a year ago. Profit before tax was $2,889,335 against $10,353,520 a year ago. Profit for the period was $3,281,683 against $9,868,316 a year ago. Earnings per share was $0.08 against $0.23 a year ago. Profit attributable to equity holders of the parent was $2,929,894 against $9,892,621 a year ago. Net cash flows used in operating activities was $3,625,579 against $17,565,923 a year ago. Purchase of property, plant, equipment and intangible asset was $15,413,876 against $9,633,884 a year ago.