Electroarges registered a turnover of RON64.14 million and net profit of RON4.31 million in the first six months of 2011.
Electroarges reported first-half revenues of RON74.07 million, up 12.6% on the year, and expenditure of RON66.4 million, up 9.46% on the year.
According to the latest reports, businessman Catalin Chelu indirectly owns 23.77% of the company’s stock. Shareholders also include Bran Oil, owned by Viorel Branea, with 29.68%.
On the Bucharest Stock Exchange Monday, Electroarges traded up 0.65% at RON0.312/ share. (EUR1=RON4.5307)