Stirom posted net profit of RON3.7 million last year, 3.6-fold lower than RON13.5 million in 2012.
The company’s operating profit fell 2.4 times to nearly RON10 million in 2013, from RON24.1 million a year before, according to its preliminary financial report.
According to the latest available data, Greek group Yioula Glassworks indirectly controls 93.4% of Stirom, through Cyprus-registered firm MGL Mediterranean Glass.
The group operates six more glass container plants in Greece, Bulgaria and Ukraine.
On the Bucharest bourse Tuesday, Stirom fell 3.33%, at RON4.35 per share. Considering this price, the company’s market capitalization is RON73.2 million.