However, the company ended June in the red, with a RON86 million negative result, because of unfavorable exchange rate differences.

In the first half of 2021, the company had RON13 million net profit.

The operating result amounted to RON79.5 million losses, mainly on the rising prices of commodities needed in the production process.

In the first half of this year, Romcab signed contracts for sales of above RON40 million with a series of foreign partners.

The company’s shares have dropped 10% this year, but have posted a 152% increase in the past 12 months. The company has a RON41.6 million market value.

(English version by Catalina Apostoiu)