The former Semrom Muntenia switched from profit of RON11.2 million on December 31, 2021 to a loss of over RON400,000 at end-2022. Revenue reached RON6.3 million, down 87% year-over-year and operating expenses dropped from RON38 million to almost RON7 million. Current debts plunged 80% to RON2.1 million.
Tuesday afternoon, SEOM shares were trading down 9.9% amid deals worth RON19,000, ensuring the company a market capitalization of RON27 million, as per stock market data.
In 2023, SEOM shares have been trading up 109% amid deals worth RON720,000. The evolution comes in the context in which the company proposed in March 2023 a gross dividend of RON0.67. Relative to the trading price of RON1.2 per share, the yield reaches 56%, the highest so far at the Bucharest Stock Exchange.