Impol Seval profit at RSD 400 million - Revenues up 6.7 percent

The aluminum mill in Sevojno, Impol Seval, has published its business results for 2012 showing a nominal growth of revenues and a decrease in the final result.

This company, which has been operating as part of Slovenia's Impol for more than ten years now, reported a business revenue of RSD 11.9 billion, up 6.7 percent from the year before.

The company's business profit dropped 14.3 percent to RSD 732.2 million, mainly due to increased costs of materials, whereas its net profit fell 15 percent to RSD 399.1 million.

Impol Seval increased its debts last year. Its long-term liabilities grew 14.7 percent to RSD 2.7 billion, while its short-term liabilities rose 6.3 percent to RSD 3.2 billion.

Impol Seval shares are occasionally traded on the Belgrade Stock Exchange. With the latest share price of RSD 870, the company's market cap is at RSD 820 million (EUR 7.3 million).