Its revenues fell 16% to RON8.7 million in the first quarter, from RON10.3 million, and total expenses dropped 7% to RON9.3 million, from RON10 million in January-March 2012.
Retrasib registered losses of RON0.61 million, from profit of RON0.256 million in the first three months of last year.
The company’s main clients are Energobit Cluj, ENEL Distributie Muntenia, Scado Trading Bucuresti, Transelectrica, Eximprod and Andritz Hydro Viena.
Businessmen Octavian and Calin Buzoianu control 80.32% of the company.
Retrasib last traded in Bucharest Thursday at RON0.18 a share. (EUR1=RON4.3241)