Its debts decreased to RON1.30 billion from RON1.33 billion.
Oltchim had a turnover of RON297.5 million in the first quarter, compared with RON221.7 million in the same period last year, as domestic sales grew to RON66.1 million from RON54.7 million,and export sales grew to RON231.4 million from RON167 million.
The company’s total assets stood at RON1.08 billion end-March from RON1.06 billion end-March 2017, and the profit per share increased to RON0,135 from RON0.0221.
Oltchim entered insolvency in 2013 and is currently under judicial reorganization.