In the first half of 2012, the company had a turnover of RON74 million and a profit of RON4.5 million.
Ductil produced 7,800 tons of electrodes in the first half of the year, of which nearly 5,000 tons were exported.
The company made nearly RON45 million (EUR10.2 million) from its electrode production, and another RON32.8 million from sales of welding equipment and other products.
Ductil’s total revenues increased nearly 11%, to RON85 million (EUR19.3 million), and expenses increased 10%, to RON78.2 million (EUR17.8 million). In the first half of last year Ductil had revenues of RON76.8 million and expenses of RON71 million.
Ductil is 72.32% owned by Italian FRO-Airliquide Welding, while Broadhurst Investments Limited holds 11.71%, and the remainder is distributed among minority shareholders.
On the Bucharest bourse Tuesday, Ductil shares traded down 1%, at RON0.4061 per share, valuing the company at RON74.7 million (EUR16.8 million).