In January-March 2011, Prodplast reported a loss of approximately RON0.5 million.
The company reported sales of RON15.3 million in the first quarter, up from RON11.2 million in the year-ago period.
Revenues increased 38% on the year to RON17 million, while costs rose 22% to RON15.7 million.
Prodplast has a share capital of RON17.07 million, divided into 17 million shares with a face value of RON1.
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.
On the Bucharest bourse May 10, Prodplast closed flat at RON0.9 a share. (EUR1=RON4.4411)