Upet registered profit of RON640,000 between January-September versus losses of RON365,000 at the end of September 2011.
The company’s revenues increased 3.2% in the first nine months of the year to RO72.98 million, while overall expenses climbed 1.7% to RON72.26 million.
Upet’s main shareholders are Cyprus-based Obsesione Enterprises Limited and Ogetto Limited, with a 33% stake each, while the rest is distributed among minor shareholders, according to the latest data.
Upet shares were last traded on Rasdaq market on October 25 at a price of RON1.22 per share. (EUR1=RON4.5156)