Romanian Ropharma Net Profit Slides 3.3% To RON10.5M In 2011
Romanian generic drugs wholesaler Ropharma Brașov (RPH.RO) Tuesday said its net profit fell 3.3% on the year to 10.52 million lei (EUR2.5 million) in 2011, despite higher sales.
In 2010, Ropharma reported net profit of RON10.88 million.
Ropharma said total sales rose 9.4% to RON385.15 million (EUR90.8 million) in 2011, from roughlyRON352 million a year earlier.
Overall revenues increased 8.8% on the year to RON389.8 million, while total spending was up 9.3% to RON377.06 million.
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