Sales dropped 33.8% on the year, to RON90.1 million, according to the company’s financial results, published Monday on the Bucharest Stock Exchange.
Revenue dropped 13% to RON141.79 million, while expenditure fell 4.9% to RON190.72 million.
Electroputere has a share capital of RON33.7 million, and its shares have a face value of RON0.1. The company is 86.28% owned by Al-Arrab Contracting Company Limited.
Electroputere shares closed Monday at RON0.056, down 4.44% on the day. (EUR1=RON4.3448)