The company’s net profit rose fourfold to RON1.6 million in January-June 2018, from RON400,000 in the year-earlier period, the company said in its financial report.
Its overall income climbed 26% to RON19.8 million due to increases in revenue from the sale of finished products, in revenue from the variation of finished product stocks and of products in progress, in revenue from services, rents and other revenue, while revenue from the sale of merchandise saw a slight decrease.
Overall expenses rose 17% due to higher expenses with raw material, goods and consumables and higher expenses with employee benefits and other operating costs.
During the first half of 2018, the company paid net dividends of RON1.15 million to its shareholders.
Carbochim’s shareholders include Electroarges Curtea de Arges (ELGS.RO). The remaining shareholders are natural persons, among whom the company’s general manager Popoviciu Viorel Dorin, with a 13% stake.