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Porto SAD profit reached 19.6 million

FC Porto SAD closed the first half of 2009/10 with a net income of 19.6 million, according to the report sent on Friday to the Portuguese exchange regulator (CMVM).

Helping these results were the transfers of Lisandro Lopez, Cissokho, Ibson and Paulo Machado, informed the SAD in a statement.

Fc Porto SAD up the capital to 41.1 million, leaving room under Article 35 of the Code of commercial companies.

The liabilities of the company are now 148.7 million, down by 12.1 million euros in the before seasons same period.

Instead, the assets rose to 191.1 million euros at the expenses of the squad's value.

Fc Porto's shares of stock closed losing 5.21% to 1.09 euros. Still, the club only 1,000 shares traded.

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