The company switched to a loss of RON5.4 million in the first semester, from a net profit of RON2.9 million a year before.

Dafora said total sales fell 38% on the year to RON48.3 million in January-June. Overall costs decreased 11.3% to RON83.2 million.

In the first quarter of 2012, Dafora’s net profit dropped 63% on the year to RON660,000.

Businessman Gheorghe Calburean is Dafora’s largest shareholder, with a 49.67% stake.

On the Bucharest bourse Tuesday, Dafora closed down 0.57% at RON0.035 a share. (EUR1=RON4.5186)

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