Within the first quarter 2012, ZhongDe Waste Technology AG ("ZhongDe", "the Company", Ticker symbol "ZEF") realized revenues of EUR 1.2 million (Q1 2011: EUR 2.4 million) and a gross profit of EUR 0.1 million (Q1 2011: EUR 0.5 million). Nevertheless, ZhongDe still had a strong cash position which increased by 53% to EUR 112.0 million at the end of Q1 2012 compared to that at the end of Q1 2011. This ensures that the Company remains flexible in the fields of new project investments and finance.
EBIT improved slightly from EUR -1.5 million in the first quarter 2011 to EUR
EBIT improved slightly from EUR -1.5 million in the first quarter 2011 to EUR
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