Stalprofil reports healthy Q2 results

Daily Parkiet has learned that Steel distributor Stalprofil will report very good results for the second quarter of 2003, while the company itself expects to maintain the trend and end 2003 with zł. 25 million in net profits. According to the newspaper, Stalprofil's sales in Q2 of this year were over zł. 190 million, which is higher than the zł. 170 million forecast by the company. "At the moment, the firm is the leading player on the market. The high dynamics in revenue growth and profit is the result of maximizing the spectrum of goods we offer, while the tendency among our competitors has been quite the opposite," said the company's CEO, Jerzy Bernhard, who has already announced that his company is expecting to pay a 'substantially higher' dividend from this year's earnings. Dividends for 2002, have totaled zł. 0.7 per share. (Parkiet, p.1) J.K.