Moser posts EUR 251,700 gross profit

Czech glass maker Moser posted a gross profit of CZK 8.0 million (EUR 251,700) for 2001 against a profit of CZK 18 million (EUR 566,200) for 2000, the company said at the beginning of February.
The r…

Czech glass maker Moser posted a gross profit of CZK 8.0 million (EUR 251,700) for 2001 against a profit of CZK 18 million (EUR 566,200) for 2000, the company said at the beginning of February. The reason for the profit decrease was the stagnation in the Czech market due to the fall of the foreign orders. The company“s revenue decreased by CZK 1.0 million (EUR 31,500) to 294 million (EUR 9.2 million) for 2001. Exports rose by 8.6% year-on-year to CZK 115 million (EUR 3.6 million), which 42% of the revenue.