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Article: Oslo-listed Copeinca net profit halves to USD 3.6m H1 '09.

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ADP News Nordic
Article date:
August 31, 2009
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(ADPnews) - Aug 31, 2009 - Peru-based and Oslo-listed fish meal producer Copeinca ASA (OSL:COP) said today its net profit dropped to USD 3.6 million (EUR 2.5m) for the first half of 2009 from USD 7.5 million for the same period of 2008.

The sales decreased to USD 120.1 million from USD 135.3 million and the gross profit to USD 29.9 million from USD 45 million. The operating profit declined to USD 10.9 million from USD 19.1 million and the pretax profit to USD 7.2 million from USD 9.9 million.

By contrast, for the second quarter of 2009 the company moved to a net profit of USD 10.7 million ...

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