Coatings: AkzoNobel finalizes acquisition of Enviroline

• Publisher: Elsevier Science
• Year: 2008
• Weight: 56 KB
• Volume: 2008
• Category: Article
• ISSN: 1364-5439
• DOI: 10.1016/s1364-5439(08)70244-2

✦ Synopsis

Asian Paints net profit, sales rise 30% in 1Q 2008

Asian Paints' consolidated net profit rose by 29.6% to Rup 1062 M in 1Q ended 30 Jun 2008 from Rup 810 M in 1Q 2007. The increase was attributed to sales up 29.3% to Rup 12,420 M. The firm's decorative and industrial paint divisions as well as international business all showed good growth.