The company also reported a turnover of RON44.7 million for January-March 2024, up 20.8% on the year. 

IPRU shares have gained 10.8% on Friday (May 31) upon the release of the financial report, amid deals worth RON152,000. So far in 2024, the shares have traded up 63%, amid deals worth RON2.3 million.

The value of the current assets reached RON116.3 million on March 31, 2024.

Total liabilities stood at RON17 million at end-March 2024, up 29% from the value recorded on January 1, 2024, due to an increase in commercial debts for the current activity. The equity value is RON156 million, 5% higher than in December 2023.

Iproeb has a market value of RON150 million and is 58.82%-owned by Electromontaj, while DD Group holds 16.85% of te shares, as per stock market data.