The last quarter of 2012 represents the first quarter of fiscal year October 2012 – September 2013.
In the last quarter of 2012, the company’s revenues increased 12% to RON86 million, and overall expenses climbed 15% to RON84.7 million. In October-December 2011, Titan’s revenues amounted to RON76 million, and its total expenses stood at RON73.7 million.
Its turnover increased 10.5% to RON83.5 million in the last quarter, from RON75.6 million in the same interval of 2011.
Titan has a share capital of RON40.8 million split into 408.4 million shares with a face value of RON0.1 a share. The company is indirectly controlled by financial group Raiffeisen.
Titan shares were last traded in Bucharest on Tuesday, at RON0.2601 a share. (EUR1=RON4.3844)