VES Sighisoara reported a loss of 504,182 lei (EUR0.12 million) in January to June, from a net profit of RON101,107 in the year-earlier period.

Total revenue rose 8.35% on the year to RON18.1 million, while overall costs increased 12% to RON18.6 million.

VES Sighisoara said total sales stood at RON12.8 million, up from RON11.5 million in the first half of 2010.

The company has a widespread ownership, with Chimsport Orastie Hunedoara holding a 28.4% interest.

Monday, VES Sighisoara closed up 4.17% at RON0.0625 a share, amid a falling market. (EUR1=RON4.2442)