In the context in which operating expenses followed the downward trend of operating revenue, but at a higher percentage, the operating result was a loss of RON12 million on June 30, 2023 as compared to a loss of RON79.5 million recorded in the year-earlier period.
Romcab said that the loss triggered by the company’s financial activity, due both to unfavorable exchange rate differences stemming from the company’s activity and to interest expenses, the net result was a loss of RON16.7 million on June 30, 2023.
In January-June 2023, Romcab obtained and developed collaborations with German company Helukabel – one of the largest players on the European cables market, and with U.I. Lapp GmbH – a German company with a turnover of EUR1.4 billion in 2022.