Imperial increases profit fourfold
Article Abstract:
Imperial (Karlovy Vary, Czech Republic), spa treatment company, saw a gross profit of CEK 100 mil in 2000. The sum was fourfold compared to 1999. The growth was influenced by the exchange rate of the Czech crown against the USD and the growth of the utilization of the capacity of spa treatment pavilions. The firm's proceeds rose by 13% to CEK 530 mil in 2000 compared to 1999. The growth was influenced by a 15% increase in the number of clients from the German speaking countries under maintaining the number of clients from Russia. Imperial has a 87% majority stake held by Imperial Tour (Czech Republic), which is owned by the management of the spa treatment company.
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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Chemopetrol expects its profit to increase in 2001
Article Abstract:
Chemopetrol (Litvinov, Czech Republic), petrochemical products company, expects a profit of CEK 1.1 bil in 2001 compared to CEK 253 mil in 2000. The improvement of the firm's results will be supported by the extension of its production in 2001 compared to 2000. The firm was to see a profit of nearly CEK 1 bil for 2000 but the level of its profit was influenced by macroeconomic factors, mainly the high prices of input raw-materials and the unfavourable exchange rate of EUR against USD. The firm's proceeds should remain on the same level in 2001 as the CEK 22.7 bil of 1999.
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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Agro Brno-Turany increases gross profit
Article Abstract:
Agro (Brno-Turany, Czech Republic), agricultural firm, saw total revenues of CEK 287 mil in 2000 compared to CEK 270 mil in 1999. The firm increased its gross profit by 60% to CEK 6 mil in 2000 compared to 1999. Agro raised the 2000 profit in spite of a decline in its production consequent on drought in 2000.
Publication Name: Mlada Fronta Dnes
Subject: Business
ISSN: 1210-1168
Year: 2001
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