In January-September 2011, the company posted losses of RON6.9 million.
Teraplast said total sales increased 9.3% to RON179.7 million in the first nine months, from RON164.3 million in the year-earlier period.
Operating profit stood at RON5.7 million, versus a loss of RON3.8 million in January through September 2011.
However, the company took a RON6.55 million loss from currency exchange fluctuations, Teraplast said in its financial report.
Teraplast has a share capital of RON29.7 million, divided into 297.8 million shares with a face value of RON0.1.
The company is 34.2% owned by Dorel Goia, while investment funds SIF Banat-Crisana (SIF1.RO) and Finland’s KJK Fund II hold 11% and 6.31%, respectively.
Thursday, Teraplast closed up 3.23% at RON0.16 a share in Bucharest. (EUR1=RON4.5318)