Its operating revenues fell 42% to RON16.4 million, from RON28.1 million in the first quarter of 2012.
Operating costs dropped 29% to RON17.1 million from RON24 million.
The company registered operating loss of RON0.74 million in the first quarter, versus operating profit of RON4.1 million in the similar interval a year ago.
UCM Resita was privatized in 2003, when Swiss company INET and UCM employees association took over the majority stake, in a EUR13.1 million deal. INET currently owns a 96.79% stake in the company.
UCM entered insolvency in December 2011.
UCM last traded in Bucharest on December 6, 2011, at RON0.0599 a share. (EUR1=RON4.3311)