The company’s financial results for last year are computed according to International Financial Reporting Standards (IFRS).
In 2011, Boromir registered sales of RON148.71 million and losses of RON360,000.
Its revenues fell 21.2% in 2012 to RON115.63 million from RON146.82 million in the previous year.
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.
Apart from Boromir Prod, the group also includes the companies Boromir Ind, Boromir Pan, Moara Cibin (MOIB.RO), Extrasib Sibiu, Comcereal Sibiu, Amylon Sibiu (AMY.RO) and Panmed Medias.
Boromir Prod last traded in Bucharest Friday at RON0.136 a share. (EUR1=RON4.417)