In 2010, VES Sighisoara reported a net profit of RON0.14 million.
The company said total sales fell to RON37.6 million in 2011, from RON44.5 million in the previous year.
Total revenue dropped 20% on the year to RON39.9 million, while overall costs went down 14% to RON42.8 million.
The company has a widespread ownership, with Chimsport Orastie Hunedoara holding a 45.2% interest.
Tuesday, VES Sighisoara closed up 2.89% at RON0.057 a share. (EUR1=RON4.3473)