UAMT Oradea registered a turnover of RON49.6 million and net profit of RON277,000 in the first six months of 2012.
Its revenues rose 26.6% to RON67.2 million and its expenses increased by 13% to RON52.7 million on the year in the first six months of 2013.
The company estimates revenues of RON121.4 million this year, up 14% from 2012, and net profit of around RON8 million, 2.6-fold higher from a year ago.
UAMT company is 35.6% owned by the employee association, while board chairman Ioan Stanciu holds a 31.5% stake, according to the most recent available data.
UAMT traded down 0.74% at RON0.667 a share on the Bucharest Stock Exchange last Thursday, which brings the company’s market value at RON26.33 million. (EUR1=RON4.4250)