Its net profit plunged 96%, to RON132,887, in Jan-March 2023, from RON3.1 million in Jan-March 2022, and its operating expenses totaled RON64.5 million, up 8% on the year.
So far in 2023, the company’s shares have gained 8.3%, amid deals worth RON663,000.
“2023 remains a difficult year for many fields of activity, plus there is the rampant inflation. Special attention is still given to maintaining and increasing the profitability of the business activity over the next quarters of 2023. We also aim to boost the company’s gross margin. Starting May 26, we shall start the payment of dividends worth RON6 million”, added Sipex representatives.
Sipex made its debut at the Bucharest Stock Exchange in June 2022, being 92%-owned by its founder, Constantin-Irinel Gheorghe.