The company’s turnover dropped 30% in the first semester, while operating expenses increased 25%.
Constanta shipyard missed the first semester sale target and posted a turnover of RON37.1 million, lower from previously forecasted RON134 million.
Revenue from exploitation increased 12% on the year in the first semester.
Constanta shipyard transferred on the Bucharest stock exchange’s (BVB.RO) AeRO market in 2015 and has RON13.7 million capitalization.
(English version by Manuela Panescu)