Romcab’s assets stood at RON1 billion at end-2022, up 24% on the year, and debts fell by 6% to RON1.3 billon against the backdrop of a reduction in commercial debts and other debts with a payment deadline of over one year. MCAB shares have gained 10% in the last 12 months and 73% in 2023, as per stock market data.
Companies
Romcab Targu Mures Reports RON72M Net Profit For 2022, Up 20% YoY
Romanian fiber optic cable producer Romcab Targu Mures (MCAB.RO), indirectly held by businessman Zoltan Prosszer, on Wednesday reported revenue of RON2.1 billion for 2022, slightly higher than in 2021, and a net profit of RON72 million, up 20% versus 2021.