In the first half of 2012, Iproeb had a turnover of RON43.4 million.
The company returned to profit in the second quarter of the year, after posting a RON180,000 loss in the first quarter.
The company’s revenues and expenses dropped about 24%, to RON34.6 million from RON45.7 million, and, respectively, from RON45.3 million, the company said in a report to the stock exchange Wednesday.
In the first half of 2013, revenues from base activities declined 27.39%, as production dropped 23.84% and sale prices were lower because of low demand, the company said in its report, adding 95.63% of sales were on the domestic market and 4.37% abroad.
Iproeb’s biggest shareholder is Electromontaj Bucuresti, with 33.24% of the shares. Other shareholders are investment fund Palmer Capital Emerging Europe (8.4%) and SIF Banat-Crisana (6.61%).
The company’s shares closed down 0.94% in Bucharest Wednesday, at RON0.526 a share.