Conpet posted first-half sales of RON162.4 million (EUR37 million), down 4% from RON169.5 million in the similar period of 2011, the company said in a statement sent to the Bucharest bourse.
The company said revenue declined 4.8% on the year to RON192.8 million, while total costs were down 3.5% to RON168.3 million.
The Economy Ministry holds 58.7% in Conpet, while investment fund Fondul Proprietatea owns 29.7%.(EUR1=RON4.5307)