The company’s overall revenues were down 6% to RON6.2 million in January-June, while expenses also fell 12% to RON5.5 million.
Over 60% of Cocor revenues came from rents, totaling RON3.8 million, in January-June. Revenues from rents were down 6% compared with the same period a year ago. Revenues from media-facade (advertising screen on the building facade) totaled RON1.3 million in the first half of 2015.
Cocor’s shareholders include investment fund Broadhurst Investments (13.32%), SIF Transilvania (10.24%), SIF Muntenia (10%), Daniel Stoica (14,65%), Liviu Ursan (14,83%), Aurel Besliu (over 7%).
On Bucharest stock exchange August 6, Cocor traded at RON72.25/share, valuing the company at RON21.7 million.
(English version by Manuela Panescu)