It also said it switched to net profit of RON2.27 million in the mentioned period, after reporting loss of RON4 million in the same interval in 2013.
The company’s revenue rose 37% to RON32.4 million between January and June, from RON23.6 million in the year-earlier period.
Cemacon registered expenses of RON30.2 million in the first six months, up 9% from the same period in 2013.
For 2014, the company targets, among others, to boost its sales and operating profit by 31% and 28%, respectively, hold the top spot on the market in the region of Transylvania and increase its market share countrywide from 16% to 18%.
Cemacon’s main shareholders include investment fund KJK Fund SICAV-SIF, brokerage firm SSIF Broker and company Andrei&Andrei Consultanta held by Andrei Cionca, the founder of insolvency practitioner Casa de Insolventa Transilvania (CITR), which jointly own nearly 73% of shares. (EUR1=RON4.4250)