PragueConnect.cz - Economy

PragueConnect.cz is providing resources for English speaking Business Professionals living in, visiting, or interested in Prague and Czech Republic. Browse our latest Economy articles, if you have interesting content to share with our users, please feel free to contact us anytime to discuss with us possible publication on PragueConnect.cz!

AGROFERT has posted unconsolidated revenues of CZK 239bn for 2014

Based on preliminary unconsolidated and unaudited results, AGROFERT concern companies generated unconsolidated revenues totaling CZK 239bn in 2014; this is roughly the same volume as in 2013. This was stated by group spokesman Karel Hanzelka. Preliminary consolidated profits before taxes adjusted for earnings from dividends for 2014 totaled CZK 6.8bn, up CZK 1.1bn on the preceding year. All of the concern’s segments are profitable, the chemistry segment improved the most. In 2014 investments totaled CZK 12.6bn, with CZK 2.6bn of this total accounted for by financial investments.

Source: www.cianews.cz