Cechofracht will spend dozens of millions of Czech crowns

Article Abstract:

Cechofracht (Prague, Czech Republic), forwarding and logistics firm, will invest several dozens of millions of Czech crowns in 2000. The finances will be invested in the implementation of the company information system SAP. The firm saw a preliminary profit of CEK 20 mil and proceeds of CEK 3.7 bil in 2000. Cechofracht plans to pay dividends from the 2000 profit.

Market information - general, Capital expenditures, Logistic Services, Process, Physical Distribution, and Logistics Consulting Services, Management services, Logistics services

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Cechofracht will not pay dividends

Article Abstract:

Cechofracht (Prague, Czech Republic), forwarding company, saw a net profit of CEK 39.9 mil in 2000 compared to a net profit of CEK 15 mil in 1999. The company's proceeds totalled CEK 3.7 bil in 2000. The firm will not pay dividends from the 2000 profit. Cechofracht paid dividends of CEK 70 per share for 1999.

Sales, profits & dividends, Brief Article

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