The company switched to RON489,385 loss in 2024 compared with net profit of RON229,362 reported in 2023, and its operating expenses decreased by 33% to RON17.2 million, the report reads.
At end-2024, Braiconf announced that it was relaunching its online store in parallel with the expansion of its portfolio, dedicated until now to men, with products for women and the entire family. In summer 2024, the company called on the Romanian Government to step in to save the country’s ailing textile industry.
BRCR shares have traded 48% lower over the last 12 months, amid deals worth RON3 million. Braiconf, valued at RON12.4 million, is 50.8%-owned by Industries Benjamin Bucuresti, 22.5% by Electroarges and 10.6% by Stefan-Alexandru Toderita.