The Company hereby announces its First Quarter Report for 2007. The consolidtaed profit amounted to USD 3.965 million for first quarter 2007 (2006: 3.548 million). Associated company earnings increased from USD 4.043 million in the first quarter of 2006 to USD 4.962 million in first quarter 2007. The Board expects that the Company's results in 2007 should reflect a moderate improvement over 2006.
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