Uztel's profit almost six times lower, in H1

Crude oil drilling equipment maker Uztel based in Ploiesti (60 km north of Bucharest) earned 728,483 lei in net profit (1 euro= 4.21 lei), in the first half of the year, by 5.8 times smaller than during the same time span in 2008, read data the Company sent to the Bucharest Stock Exchange (BVB).Uztel's turnover dropped by 32.6 percent up to 39.84 million lei and the revenues dwindled by 27.47 percent amounting to 74.534 million lei, while its expenditure stood at 73.485 million ...

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