In January to June 2012, Uztel reported sales of RON28.8 million.
The company’s net profit dropped 61.5% to RON0.29 million in the first half of 2013, from RON0.76 million a year earlier.
Uztel said total revenue fell by some 7% to RON45.9 million, while overall costs declined at a similar pace to RON45.04 million.
The company has a share capital of RON11 million split up into 4.4 million shares with a face value of RON2.5.
Uztel is majority owned by the employees’ association, with an 83.8% stake. The company entered insolvency in 2010 due to financial difficulties on the backdrop of the global economic crisis.
On the Bucharest bourse August 9, Uztel closed down 8.9% at RON2.2 a share. (EUR1=RON4.425)