On the other hand, COMCM Constanta said its net profit rose 48%, to RON3.1 million in January to September, from RON2.1 million during the same period in 2011.
The company reported total revenue of RON27.8 million in January to September, up 7.8% on the year, while overall costs increased 1% to RON24 million.
In the first nine months of 2011, COMCM Constanta posted revenues of RON25.8 million and costs of RON23.7 million.
COMCM Constanta has a share capital of RON23.6 million split into 236.3 million shares with a face value of RON0.1 each.
The company is 56.72%-owned by regional investment fund SIF Transilvania (SIF3.RO), while Constantin Fratila and his daughter Maria Alexandra hold together a 41.587% stake.
On the Bucharest bourse November 8, COMCM Constanta closed down 1.28% at RON0.1313 a share. (EUR1=RON4.5379)