The company also reported revenue worth RON92.32 million, up 4.9% on the year, and expenses worth RON84.24 million, 3.6% higher on the year.
Exports represented 97.09% of the company’s sales in January-June.
Electroarges is 24%-owned by local entrepreneur Catalin Chelu. The shareholding structure also includes Galati-based Bran Oil company (29.68% of the shares), held by private individual Viorel Branea, as well as Tudor Dumitru who owns little over 5% of the shares.
On the Bucharest stock exchange Tuesday, Electroarges closed flat at RON0.665 a share.