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ZhongDe Waste Technology AG Friedrich-Ebert-Anlage 49 60308 Frankfurt, Germany http://www.zhongdetech.de
Contact Ms Nicole Schüttforth +49 40 60918664
Company logo of ZhongDe Waste Technology AG
ZhongDe Waste Technology AG

ZhongDe Waste Technology AG: Difficult start into financial year 2012

Q1 results 2012

(PresseBox) (Frankfurt, )
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.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.