On the other hand, its turnover tripled to RON18.3 million in the first nine months, from RON5.8 million.
Prodlacta was taken over by JLC Group, a company registered in the Republic of Moldova, at the beginning of the year and exited insolvency in May.
The company’s revenues increased 2.3 times on the year to RON19.8 million in January-September, and its total costs tripled to RON26.9 million.
According to the latest available data, JLC Group owns 58.56% of the company.
Prodlacta last traded on the Rasdaq market in Bucharest Monday, at RON2.33 per share. Considering this price, the company’s market capitalization is RON89.5 million. (EUR1=RON4.4502)