Precious Woods Holding Ltd.

euro adhoc: Precious Woods Holding AG, Zug
Quarterly or Semiannual Financial Statements
Precious Woods achieves good third quarter results

---------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc.   The issuer is responsible for the content of this announcement. ---------------------------------------------------------------------

Precious Woods was able to achieve a significant improvement of the consolidated results for the first nine months of 2004 compared to the same period of the prior year. The sales of timber products increased by 56% from USD 7.9 million to USD 12.3 million. Net profit for the first half increased by 97% from USD 1.157 to USD 2.276 million. All subsidiaries contributed to these excellent results.

Precious Woods is active in the sustainable management of tropical forests and has been listed on the SWX Swiss Exchange since March 2002. Details can be found in the shareholder letter, which has been mailed to all registered shareholders and published on the web at www.preciouswoods.com.

end of announcement                                euro adhoc 03.12.2004 17:30:00
---------------------------------------------------------------------

Further inquiry note: Kontakt: Precious Woods Holding AG, Zug Dr. Andres Gut, CEO Tel.  41 1 245 80 10 mailto: office@preciouswoods.ch

Branche: Forestry & Timber
ISIN:      CH0013283368
WKN:        982280
Index:    SPI
Börsen:  SWX Swiss Exchange / official dealing



Weitere Meldungen: Precious Woods Holding Ltd.

Das könnte Sie auch interessieren: