Projprzem announce record profit as order book stretches production limits

The firm's revenues in that period were also higher than ever, amounting to zł.88.2 million. The operational profit was zł.5.88 million. This means that revenues increased by 31% and net profit by as much as 151%, as compared to the same period in 2004. According to Projprzem's president, Henryk Chyliński, the favorable situation should continue. "The last three months of the year will also be very good. Our order book is full. Also in the first quarter of 2006 the company will have to use its full production strength," said Chyliński. Projprzem has also increased the share of the domestic orders in its revenues. At the end of October the company will accept its new development strategy, which envisages the increase of production and a considerable expansion of its financial results. (Parkiet, p. 3) A.F.