Avicola’s net profit was down 57% to RON193,812, from RON457,300 a year ago.

Revenue in January-June totaled RON60.6 million, up 9% on the year, while costs increased at the same pace, at RON60.4 million.

The company is 84.59%-owned by Ioan Popa, who also owns peer company Transavia Alba Iulia. The share capital stands at RON16.9 million, split up into 6.7 million shares at RON2.5/share.

On August 2 in Bucharest, Avicola Brasov’s shares closed flat on the day, at RON2 per share. (EUR1=RON4.5186)