Income from service provision grew in the first half of 2019 due to the company manipulating 4.8 tons of raw materials (iron ore, coal, bauxite and coke), compared with 3.8 tons in the first half of 2018. The company’s main customers are Vitol, Alum, ArcelorMitall Galati, Transport Trade Services, CRH Romania and CRH Serbia.
The company reported capital expenditure of RON49.8 million in January-June 2019. Its operating income reached RON47.9 million in the first six months of 2019, up 35.6% from the same period in 2018, and its operating expenses reached RON39.9 million, up 20.9% year-over-year, which triggered an operating profit of RON8 million, up 244.6% year-over-year.
The company has some 255 employees and is owned by Solidmet Bucuresti (30.6%), London-based Liberty Holdco Galati & Skopje Limited (28.1%), Nicola Ruxandra-Ioana (17.5%) and Dragoi Anca Mihaela (17.5%).
Investors have been trading CMVX shares worth RON15,833 since the beginning of 2019.
Comvex Constanta has a market capitalization of RON174.8 million.