Cocor reports EUR 1.3 mln turnover for Q1 of 2011

Cocor SA, the company owning Cocor commercial center, reported for the first quarter of this year a turnover of RON 5.86 million (approximately EUR 1.3 million), and a net profit of RON 1.5 million (around EUR 357, 142). The results are due mainly to the reopening of the store and to an increase in revenues coming from selling advertising space on the store’s media façade. The media façade sales accounted for RON 1.29 million (EUR 307, 142) in the first quarter of this year.

The main shareholders of Cocor SA (COCR) are Liviu Ursan, with 14.83 percent, Daniel Stoica with 14.65 percent, Broadhurst Investments with 13.32 percent, SIF Transilvania with 10.24 percent and SIF Muntenia with 10 percent.