Sales rose 24% to RON64.1 million, from RON51.6 million, according to the company’s financial statements sent to the Bucharest bourse.
Revenue rose 22% on the year to RON65.8 million, while expenditure rose 22% as well, to RON60.6 million.
At the end of June, the company had debts worth a total RON20 million, up 10% since the beginning of the year, while receivables cumulated RON10.7 million, up 34% since January 1.
Electroarges has a share capital of RON2.8 million, divided into 28.6 million shares with a face value of RON0.1.
Mid-June, businessman Catalin Chelu held some 40% in the company, through several firms, while board president Ion Gavrila owned 12.93% and Dumitru Tudor held 10.7%.
Company shares were trading at RON0.4 early Tuesday, up 2.25% on the day. (EUR1=RON4.2784)