Dafora Sees 7% Higher Net Profit In 2011

04.29.2011 By Florentina Dragu

Romanian drilling company Dafora Medias (DAFR.RO) estimates a 6.7% increase in its full-year net profit to 8.69 million lei (EUR2.13 million), from RON8.14 million in 2010, the company said Friday.

Romanian drilling company Dafora Medias (DAFR.RO) estimates a 6.7% increase in its full-year net profit to 8.69 million lei (EUR2.13 million), from RON8.14 million in 2010, the company said Friday.

Dafora expects total revenue of RON222.8 million, slightly up on the year, while overall costs are seen at RON212.5 million.

The company has scheduled total investments of RON18.5 million.

Dafora's main shareholder is Gheorghe Calburean, with a 48.58% stake.

On the Bucharest bourse Thursday, Dafora closed up 0.08% at RON0.13 a share.