Comelf said total revenue fell 9% on the year to RON159.6 million, hurt by lower revenue from projects, while overall costs declined 8.5% to RON156.2 million.

The company reported a net profit of RON2.7 million, down from RON3.8 million in 2012.

Comelf has a share capital of RON13.5 million split into 23.4 million shares with a face value of RON0.58.

The company’s main shareholder is Uzinsider Bucuresti, with a 77.5% stake.

On January 9, Comelf’s shares closed flat at RON1.8 in Bucharest, valuing the company at RON42.1 million. (EUR1=RON4.4815)

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