The company’s profit dropped 46.9%, to RON365,000 from RON689,000 in 2012.

Romcarbon sales increased 5.6%, to RON138.71 million, the company said in a statement to the Bucharest Stock Exchange. Its total debt narrowed 5.6%, to RON157.17 million from RON166.55 million at the end of 2012.

Romcarbon’s main shareholder is Living Plastic Industry, with a 32.85% stake. Other shareholders include Joyful River (20.51%) and Romanian Opportunities Fund (14.24%).

Romcarbon closed at RON0.0688 a share Thursday. (EUR1=RON4.4926)