Its operating revenues declined 3.9%, to RON52.5 million.
It said total assets grew 7.13%, to RON109.6 million end-2018, while total debt grew to RON14.6 million by end-2018 from RON12.9 million end-2017.
The shipyard is 49.99% held by SIF Transilvania (SIF3.RO), 28.01% owned by SIF Oltenia (SIF5.RO), 13.17% held by SIF Muntenia (SIF4.RO) and the remaining shares are distributed among investors on the Bucharest Stock Exchange.