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Flanco, net profit increase of 87 pct in 2019 over 2018

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The net profit recorded by the company in the year 2019 clocked in at 40 million lei, an increase of 87 pct over the figure of 21.4 million lei recorded as profit in the previous year, according to the information presented on Tuesday by the director general of the company, . The investment in development conducted in 2019 reached the sum of 14.3 million lei, meaning 67 pct of the profit recorded in 2018.

Flanco recorded sales worth 1.21 billion lei in 2019, increasing by 13.1 pct over the previous year, according to the figures published on Tuesday by the…

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