“COMELF SA’s revenues were RON 95 million in H1/2023 compared to RON 83 million in H1/2022, up 14%, due to a different assortment structure and higher sales prices than in the first part of 2022 in line with the assortment structure and raw material prices. Out of the total of RON 95 million, RON 1 million represents income from the reversal of the provision for several debtors, following the actual collection of the provisioned amount in February 2023,” the report reads.
The company’s object of activity is “the manufacturing of machines and equipment for earthworks, for power plants and environmental protection, equipment for lifting and transporting, including their subassemblies.”
Comelf is 80.93%-owned by Uzinsider SA. CMF shares have gained 147.3% so far in 2023, amid deals worth RON297,600, ensuring a market capitalization of RON92.2 million, as per stock market data.