Perfab said its net profit rose 58.8% to RON0.77 million in January through June, after expenditures declined at a faster pace than revenues.
Overall revenue reached RON32.7 million in the first half, down 15.5% on the year, while total costs dropped 17% to RON31.7 million.
Prefab is 81.7% owned by its board president, Marian Petre Milut, through Romerica International. Other shareholders include regional investment fund SIF Muntenia (SIF4.RO), with some 13%.
The company forecasts a full-year profit of RON2.9 million in 2012, on total sales of RON80 million.
On the Bucharest bourse July 26, Prefab closed up 2.19% at RON1.4 a share. (EUR1=RON4.5362)