Its operating income reached RON9.3 million in January-June 2021, similar with the level reported in the same period in 2020, and its operating expenses grew 4.9% on the year to RON9.3 million. The operating result was profit of RON29,900, compared to profit of RON501,400 in the first half of 2020, per calculations by Ziarul Financiar (ZF).
The company’s EBITDA margin dropped to 0.05% in January-June 2021, compared to 0.13% in the same period in 2020.
The implementation of the de development strategy, which resulted in launching a new ice cream production line and acquiring the asset (land plot) where the investment in a new production unit and an integrated logistics center will be carried out, has triggered a 54% increase in fixed assets. The land covers 6,026 square meters.
The company’s share capital increase will be carried out and finalized in the second half of 2021.
The company’s main shareholders are Vasile Nas (20.44%), Emil Ovidiu Nas (20.44%), Petru Brad (18.33%), and the remaining shares are owned by individuals and legal entities.