Prodplast reported a turnover of RON24.2 million and profit of RON215,000 in the first half of 2011.
The company’s revenues reached RON25.8 million in the first six months of the year, a little below RON25.9 million reported in the same period a year ago, while its expenditure narrowed to RON24.1 million in the mentioned timeframe, compared with RON25.7 million in the year-earlier period, according to data from the Bucharest Stock Exchange.
The company announced it would halt production indefinitely as of May this year because of relocation proceedings. Prodplast didn’t say where it plans to relocate its business.
For 2012, Prodplast scheduled investments of up to EUR5 million on the capital market.
On the Bucharest bourse Friday, Prodplast closed flat at RON0.89 a share. (EUR1=RON4.5307)