Impact has doubled its profit according to the Romanian standards
12.05.08 (Financiarul)
Impact Developer&Contractor registered, during the first quarter, a net profit of RON 5.13 million, an increase of 135% compared to the same period of 2007, based on the Romanian accountancy standards.
The profit increase is based on the double value of the completed execution works, from RON 16.8 million to 33.2 million, according to Impact's statement. The company will assign, in partnership with another investor, about EUR 160 million for the construction of over 1,900 appartment, on a 17-hectar field in northern Bucharest.
