The company also reported RON5.5 million losses, down 15% from RON6.5 million in 2012.
Late 2013, shareholders decided to cut share capital tenfold, from RON14.5 million to RON1.45 million, targeting to reduce losses, among others. The share capital will subsequently be hiked by RON32 million, to RON33.5 million.
MJ Maillis Industrial Packaging System&Technologies owns an 86.84% stake in MJ Maillis Romania.
Tuesday, MJ Maillis shares were trading down 2.44%, at RON0.04 a share in Bucharest. (EUR1=RON4.4905)