Its net profit fell to RON0.93 million, from RON3 million.

The company’s expenses dropped 4% in the first six months to RON25.5 million, from RON26.6 in the similar interval a year ago.

Socep reported turnover of RON23.7 million for the analyzed interval, down 13.8% from RON27.5 million in the first half of 2012.

Niculae and Ioan Dusu indirectly own 54.81% of the company.

Socep last traded in Bucharest on August 12 at RON0.18 per share, up 0.7%. (EUR1=RON4.425)