Iproeb Bistrita reported turnover of RON86.78 million and net profit of RON5.19 million in January-September 2011.
The company’s revenue rose 26.3% to RON67.31 million and its expenses were 22.2% lower to RON66.37 million on the year in the first nine months of 2012.
Electromontaj Bucuresti owns a 33.2% stake in the cable maker, while the rest of the shares are spread among various stockholders.
On the Bucharest bourse Wednesday, Iproeb shares closed down 7.14% to RON0.78 per share. (EUR1=RON4.5388)