The company reported expenses down 45% in the January-March interval, to RON8.4 million from RON15.4 million a year earlier. Prefab’s total turnover amounted to RON7.8 million, down 37% on the year.
The company expects revenue down 6% to RON80 million this year and net profit of RON2.9 million.
Prefab’s share capital of RON24.2 million is divided into 48.5 million shares with a face value of RON0.5. The company is controlled by Marian Petre Milut with 81.7% through Romerica International. Investment fund SIF Muntenia (SIF4.RO) controls almost 13% of the stock.
On the Bucharest stock exchange Friday, Prefab closed up 1.6% at RON1.58 per share. (EUR1=RON4.4044)