The company also posted RON7.44 million operating revenue in the first half of 2023, 15.5% higher than in the first half of 2022, as well as RON5.6 million operating expenses, an increase of 19%, and therefore made RON1.8 million operating income. It, however, posted financial loss of RON642,800 in the first half, double as much as in the corresponding period of last year, which ate into the net profit.
Cocor rents retail space to the brands operating in the shopping center.
(English version by Loredana Fratila-Cristescu)