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Amsterdam Rubber News



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 Monday October 9 2000
Amsterdam Rubber ups profit
Amsterdam Rubber said on on Monday it had booked consolidated net profit of NLG 3.7 mln in the first six month of this year, a 42% increase on the year-earlier period. Turnover rose 15% to NLG 284.2 mln.

Thursday March 23 2000
Amsterdam Rubber net profit down 14%
Amsterdam Rubber reported on Thursday net profit for 1999 decreased 14% to NLG 7.0 mln, compared with net profit of NLG 8.1 mln the company booked in the comparible period of 1998. Turnover increased 20% from NLG 404.2 mln to NLG 485.0 mln. As in recent years, most of the company's earnings were generated by its Catz International unit, which trades spices.

Friday October 1 1999
Amsterdam Rubber H1 net profit down 13%
Amsterdam Rubber reported on Friday net profit for the first-half of 1999 decreased 13% to NLG 2.6 mln, compared with net profit of NLG 3.0 mln the company booked in the comparible period of 1998. Turnover increased 12% from NLG 220.1 mln to NLG 246.1 mln. Profit before taxes increased 16% from NLG 4.0 mln to NLG 4.6 mln.

Tuesday September 22 1998
Amsterdam Rubber H1 net profit up 43%
Amsterdam Rubber reported on Tuesday net profit for the first-half of 1998 increased 43% to NLG 3.0 mln, compared with net profit of NLG 2.1 mln the company booked in the comparible period of 1997. Turnover increased 2% from NLG 215.0 mln to NLG 220.1 mln. Operating income increased 15% from NLG 11.1 mln to NLG 12.8 mln.

Monday April 6 1998
Amsterdam Rubber reports net profit tripled
Amsterdam Rubber reports net profit for 1997 more than tripled to NLG 7.1 mln, compared with NLG 2 mln the company booked for 1996. The net profit is sharply higher than the NLG 5.5 mln forecast last February. Turnover increased with 12% from NLG 416 mln to NLG 466 mln. Wurfbain (rubber) generated NLG 286 mln while Catz International (spice) generated 180 mln.

Wednesday February 18 1998
Wurfbain merging with Tong Teik of Singapore
L. Wurfbain & Co, the trading subsidiary of Amsterdam Rubber, is merging with Tonk Teik of Singapore to form one of the largest rubber traders in the world. Singapore is near the big rubber-producing countries Indonesia, Malaysia, Thailand and Vietnam and took over as the world's leading rubber trading centre from London about six years ago.

Tuesday February 3 1998
Amsterdam Rubber preliminary net profit NLG 5.5 mln
In the preliminary figures Amsterdam Rubber reports a net profit of NLG 5.5 mln for 1997, compared with NLG 2.0 mln for 1996. The two working companies, Catz International b.v. and L. Wurfbain & Co b.v. booked good results, says Amsterdam Rubber. Catz booked its best result in its 140 year history. It was a good year for Wurfbain to. Amsterdam Rubber expects to publish the results in April.

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