The company’s expenses were 32% lower in January-June, from RON1.15 billion to RON782 million.
Turnover stood at RON883 million, up 76% from RON500.1 million in the same period of 2011.
Debts also decreased by 62%, to RON2.3 billion. (EUR1=RON4.487)
Automotive
CFR Posts RON120M Profit In First Half
Romanian state-owned railway administrator CFR SA reported profit of RON120.7 million (EUR26.9 million) in the first half of 2012, compared with losses of RON229 million in the first six months of 2011.