Sales stagnated at RON158.4 million, according to preliminary data posted on the Bucharest Stock Exchange.
Revenue declined 1.3% to RON169.1 million, while expenditure decreased 2.5% on the year, to RON152.05 million.
The company is 71.09% owned by Iarom Bucuresti, while regional investment fund SIF Moldova (SIF2.RO) holds 12.16%
Company shares were trading early Wednesday at RON1.07, up 0.49% on the day. (EUR1=RON4.3473)