It also said its operating revenue rose 7% to RON9.4 million in January-March, from RON8.8 million in the same period in 2013, while operating costs dropped 26% to RON8.1 million, from RON11 million.
Santierul Naval Orsova has a share capital of RON28.5 million, split into 11.4 million shares, with a face value of RON2.5 a share.
The company is controlled by regional investment fund SIF Transilvania (SIF3.RO), with a 50% stake, SIF Muntenia (SIF4.RO) holds 13.17% of the shares, while SIF Oltenia (SIF5. RO) owns a 10.07% stake.
On the Bucharest stock market Monday, Santierul Naval Orsova rose 11.62% to RON1.585 a share, valuing the company at RON18.1 million (EUR4.1 million).