Its revenues rose to RON318.82 million from RON297.96 million in the same period last year.
The company said its sales revenue increased 7% compared to September 30, 2013, mainly due to new contracts.
Electromagnetica notes its merchandise stocks increased 38.7% due to its acquisition of raw materials for the production of LED lighting devices in advance, in advantageous conditions.
The company’s long term debt rose 21.7%, to RON11.87 million, while current debt rose 24.9%.
The company is 29.6% owned by the Employees Association and 24.6% by regional investment fund SIF Oltenia (SIF5. RO).