In the first three months of 2012, the company reported a net profit of RON0.08 million.
Prefab said operating expenses more than doubled on the year to RON14.9 million in the first quarter, offsetting a 64% increase in income. The company posted operating loss of RON1.16 million in the January-March period, versus operating profit of RON1.06 in the same period a year earlier.
Overall revenues rose 61% to RON13.8 million in the first quarter, while total costs advanced 87% to RON15.8 million.
Sales increased 28% year-on-year to RON10.9 million in the first three months of 2013.
Prefab is 82.4% owned by its board president, Marian Petre Milut, through Romerica International. Other shareholders include regional investment fund SIF Muntenia (SIF4.RO), with some 13%.
On the Bucharest bourse Friday, Prefab closed flat at RON2.1 a share. (EUR1=RON4.3072)