In the same period, the company’s turnover went up by 15% year-on-year, to RON29.5 million.
“2022 is a highly difficult year for our entire business because of several challenges with a significant impact over our activity, such as the war in Ukraine, inflation, rising energy and fuel prices and the lack of rainfall,” says Madalina Cocan, general manager of Laptaria cu Caimac.
In the first half of 2022, Agroserv Mariuta opened a new production unit built with funds raised from MILK25E bond issue.
“The fact that we did not lose clients and we registered a positive evolution makes us confident for autumn, the main season for dairy products. Also, the rainfall and price stabilization registered over the past month offer us positive outlooks for the coming period,” added Madalina Cocan.
Given the positive outlooks forecast for the second half of 2002, Agroserv Mariuta maintains the budget set for 2022. Thus, for this year the company budgeted total turnover worth RON94 million and net profit of RON2.7 million.
Agroserv Mariuta has been listed on the AeRo market since May 21, 2021, and now has a market capitalization of around RON74 million.
(English version by Catalina Apostoiu)