The company reported sales revenue of RON29.6 million in January-March 2020, down 6.9% on the year. Its operating profit fell 13% on the year to RON15.1 million.
Cemacon had net assets of RON176.6 million end-March 2020, higher by RON10.5 million versus early-2020.
The company’s shares have been trading down 24.1% since the start of 2020, amid deals worth RON4.6 million, securing it a market value of RON143 million.
Cemacon is 73.3% held by the Paval brothers, the owners of DIY retailer Dedeman and 16.7% owned by PIF industrial.