In January through March, the company’s revenues fell by 16.1% to RON29.24 million, from RON34.87 million in the same period in 2012, while costs dropped by 8.7% on the year to RON30.36 million.
Boromir Prod reported profit of RON1.11 million in the mentioned interval, down 18.9% from RON1.37 million in the same period in 2012.
The company estimates profit of RON2.8 million in 2013, after reporting loss of RON1.92 million in 2012.
The company is part of Boromir group, one of the largest milling and bakery companies in the local market. The group is controlled by businessman Constantin Boromiz.
On the Bucharest bourse, Boromir Prod last traded at RON0.1186 per share.