The company ended the first half of 2022 with RON4.7 million net profit, down 73.3% from the year-earlier period amid operating revenue worth RON384.4 million, up 2.1%, in line with ZF calculations based on company data.
Operating expenses went up by 6.5% in 1H/2022 from 1H/2021, to RON377.9 million.
„In the first 6 months of 2022, marketing-sales activity was focused on expanding and strengthening business relationships with existing partners and developing new business in the non-auto industry. Efforts were also made to maintain a competitive level of sales prices, in line with developments in the raw materials and utilities markets”, reads the company’s report.
Compa Sibiu has a RON103 million capitalization and is 19% owned by Ioan Deac, 18.8% by Ioan Miclea and the rest of stock by other investors.
(English version by Catalina Apostoiu)