DGAP-News: Deutsche Rohstoff AG: Group Net Profit of 7.8 million in the first half-year 2011
(firmenpresse) - DGAP-News: Deutsche Rohstoff AG / Key word(s): Interim Report
Deutsche Rohstoff AG: Group Net Profit of 7.8 million in the first
half-year 2011
28.09.2011 / 17:07
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Deutsche Rohstoff AG: Group Net Profit of EUR 7.8 million in the first
half-year 2011
Interim report published/Consolidated financial statement set up for the
first time
Heidelberg. Deutsche Rohstoff AG has accomplished a group income after
taxes of EUR 7.8 million in the first half-year 2011 (according to German
GAAP, unaudited). The main contributions came from the gold production of
Deutsche Rohstoff Australia, which has recorded a net profit of AUD 4.9
million (EUR 3.7 million) and from the sale of shares of Rhein Petroleum
GmbH, which amounted to a profit of EUR 5.1 million.
The equity capital in the group rose to EUR 19.1 million at the end of
June, the equity ratio was 85,6%. Cash and cash equivalents were available
in the amount of EUR 7.7 million.
CEO Titus Gebel commented: 'We have managed to leave the venture capital
stage behind us. The inflow of funds gives us the opportunity to develop
all three business areas and continue to grow.'
CFO Thomas Gutschlag added: 'We hold tight to our annual target for 2011 of
at least EUR 10 million profit in the group after taxes. By the end of 2012
all business areas are to make positive profit contributions.'
The full interim report is available on www.rohstoff.de
Heidelberg, 28 September 2011
Deutsche Rohstoff AG (Heidelberg, Germany), listed in the Entry Standard
segment of Frankfurt Stock Exchange, is establishing a new primary
producer. The company's focus is placed on gold, oil/gas and so called high
tech metals such as indium, gallium, rare earth metals and cobalt. All
projects are located in countries marked by political stability, the core
area being Germany. The business concept is based on redeveloping deposits
which have been well explored in the past. A first production started in
Georgetown/Australia in January 2011. For more information please visit
www.rohstoff.de.
Contact:
Thomas Gutschlag
+49 6221 871 000
gutschlag(at)rohstoff.de
End of Corporate News
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140640 28.09.2011
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Datum: 28.09.2011 - 17:07 Uhr
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