Czech Gumarny Zubri says 2011 net profit falls 14%.

By bne IntelliNews August 20, 2012
Gumarny Zubri, a Czech supplier of rubber components for the car industry, said net profit last year fell by 14% y/y to CZK 23.3mn (EUR 933,000), CTK newswire reported. Yet, revenues from sales of own products and services increased by 10% y/y to CZK 848mn. The company reported a 27% growth in the production of pressed rubber items for the car industry. For this year Gumarny Zubri targets a pre-tax profit of CZK 25mn, the same as in 2011.

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