Expenses increased by 9% (+RON2.17 million) on the year to RON27 million in the first half of 2022.
The company had a net profit of RON496,000 in January-June 2022, almost in line with the RON504,000 profit reported in the same period of 2021. The profit in the first half of 2022 plunged by 78% versus the level reported in the first half of 2020.
MAM Bricolaj, whose shares are traded on the AeRO market of the Bucharest Stock Exchange, has a market value of RON32 million and is 67.5% held by Cristian Gavan, with the remaining shares being distributed among other shareholders, as per stock market data.
MAM shares have lost 25.4% since the beginning of 2022 and 68% over the last 12 months.