Luanda — Angolan dairy firm "Lactiangol" achieved, by late 2007, a net profit of USD 1.36 million, an evidence that the country's productive sector can generate wealth and be profitable for financial applications, said the chairperson of the company's board of directors, José César Macedo.

The source told ANGOP that part of these profits shall be spent on new projects and the other will go to shareholders.

"Lactiangol managed to achieve a certain balance in its accounts, that is why, for the first time the profits will be distributed among the shareholders, foreseeing the granting of 52,56 Angolan Kwanzas (AKZ) in each share of 800 Kwanzas, or a profit superior to 6,5 percent/year" stressed the source.

Over the years Lactiangol benefited from loans granted by the country's financial institutions, although in short term, putting an end to the various debts in which the interests were very high.