Also, Cocor posted a loss of RON1.952 million, up 178% compared with profit posted by the company in the first six months of 2015.
In January-June 2016, its rental income stood at RON3.579 million, the equivalent of 52.11% of Cocor’s total revenue. Its advertising revenue accounted for 25.83% of total revenue, the equivalent of RON1.6 million, up over 16% against the first half of 2015.
In 2015, Cocor registered total revenue of RON12.94 million, down 9.63% from a year ago. However, the company reported a profit of RON1.028 million, up 16.68% from 2014.
The company’s market capitalization is RON21.118 million, after COCR shares have decreased by 11.39% since the beginning of 2016.