Its operating income rose 9% on the year to RON23.06 million and operating expenses grew 3.9% on the year to RON6.24 million, which means the operating profit was 11% higher, of RON16.8 million.
Practic, with a market capitalization of RON594 million, is majority owned by businessman Radu Dimofte, with a 48.5% ownership stake, 32.2% by Cyprus-based IBTCYRO Holding, and 12% by Wellkept Group.
PRBU shares have traded down 25.9% so far in 2024, amid deals worth RON161,800, as per stock market data.