The company’s losses also increased six times, to RON59.6 million, from RON9.8 million in the same period of 2011.
Revenues dropped dramatically to RON132.7 million, from RON602 million, but expenses were also brought down to RON192 million, from RON612 million in the first six months of 2011.
Laminorul is 90.91% owned by Donau Commodities, a unit of Russian mining and metals group Mechel.
On the Bucharest bourse on July 30, Laminorul closed at RON0.48 a share. (EUR1=RON4.5396)