The net profit is 43.8% above the target included in the spending and revenue (S&R) budget. Turnover reached RON23.4 million, up 15.6% compared with September 2022, but not exceeding the S&R parameters, Romradiatoare representatives write.
Revenue totaled RON22.9 million, up 3.2% year-on-year, but 29.2% below the S&R. Expenses also reached RON21.9 million, 31% lower than the S&R target.
RRD shares have lost 32% in the past 12 months on a traded volume of just RON13,000, at a capitalization of RON6.9 million. Transilvania Investments Alliance (TRANSI) has 76.5% of the share capital, followed by football coach Mircea Lucescu, 16.5%.
(English version by Loredana Fratila-Cristescu)