B:TECH reached a record profit in 2006
05.29.2007 | The economic results of B:TECH in 2006 ended in profit after taxation in the total amount of CZK 14.7 mil. The audited results of the company merely confirmed the originally advised consolidated economic result announced by the company management in March 2007.
The annual increase in the profit reached by the company is 25% as compared to 2005. “We achieved this result above all due to the great boom which continued in the Czech Republic in the last year because of investments made by foreign firms,” says Ing. Antonín Urban, company manager and Chairman of the Board of Directors. “In the current year we are expecting a continuing trend in growth, above all due to an investment inducement which B:TECH has obtained from the Ministry of Industry and Trade to build the Centre for Export of Services.”
The total consolidated earnings of the company in 2006 reached the amount of CZK 253.4 mil., which means an annual increase of 25% as compared to 2005. The field of measurement and regulation of buildings and weak-current systems, above all the subsidiary of B:TECH in Slovakia, had the largest share in the earnings.
At the end of 2006 the company had 112 employees with an annual increase of nearly 40%.