The company reported loss of RON13.3 million for the first half of the year.
Its revenues fell 20% on year to RON85.3 million and overall costs dropped 29% to about RON86 million, Argus said in a statement Wednesday.
The company’s turnover amounted to RON108 million in January-September, down 11% on the year.
Argus Constanta is controlled by SIF Oltenia (SIF5.RO) (55.7%) and investment fund Business Capital for Romania Opportunity Fund Cooperatif (29.61%).
On the Rasdaq market in Bucharest Wednesday, Argus closed up 2.08% to RON2.95 per share. Considering this price, the company’s market capitalization is RON105.5 million. (EUR1=RON4.4619)