Revenue shrank by 13.7% to RON195 million year-on-year. Under “other net income and expenses” the company lists a loss of RON15.6 million, from a positive figure of RON4.5 million in 2022.
(English version by Loredana Fratila-Cristescu)
Capital Market
Electromagnetica Slips Into The Red In 2023 With RON32M Loss
Electricity and electrical equipment producer Electromagnetica (ELMA.RO) made a net loss of RON31.7 million for 2023, from a profit of RON23 million in 2022, the company said in a report to the Bucharest Stock Exchange.