The company’s net profit stood at RON4.6 million (EUR1 million), down 16% from the RON5.5 million in the first semester of 2011.
Revenues increased by 16.7%, to RON100.4 million from RON86 million, while expenses climbed by 19.5%, to RON94.7 million from RON79.2 million.
Local company Vivaio Campina holds a 50.8% stake in Electrocarbon, Metaleuroest holds 21.3% and Ekomin Titu controls 20.6% of its shares.
On August 22 on the Bucharest stock exchange, Electrocarbon traded at RON2.9 per share. (EUR1=RON4.4595)