Last year’s profit was the highest in five years and beat the 2013 level, RON109 million.
Dragos Damian, Terapia Cluj CEO, says the data published on the Finance Ministry website show calendar year figures, while the profit for the company’s financial year (April 1, 2016 – March 31, 2017) went up 18% on the previous financial year.
“The 2015-2016 financial year profit stood at RON115 million, while in 2016-2017 it stood at RON136 million. The 18% growth came from the restructuring of the over-the-counter drug portfolio and from exports,” Dragos Damian told Ziarul Financiar.
The profit was faster to increase than the revenue, which reached about RON568 million last year, up 5.4%, according to Finance Ministry website. (EUR1=RON4.5729)
(English version by Loredana Fratila-Cristescu)