The company’s operating income surged 71% to RON99.84 million and expenses soared 52% to RON 96 million, triggering operating profit of RON3.5 million at end-2023, compared to a loss of RON4.8 million in 2022.
The company’s total debts shrank to RON18 million at end-2023, from RON27 million at end-2022.
SNO shares have gained 28% so far in 2024, amid deals worth RON1.2 million, ensuring a market capitalization of RON79 million.
The company is 49.9%-owned by Sea Container Services Constanta and 41.1% by SIF Muntenia.