Total revenue reached RON17.2 million in January-March 2023, down almost 17% on the year, and operating expenses fell by 13.2% to RON16.4 million, from RON18.9 million in the first three months of 2022. The operating result plunged 56% to RON834,563. The Group’s net margin decreased from 7.4% to 3.8%.
ALW shares have been trading up 14.5% in 2023 and down 33% over the last 12 months, securing the company a market capitalization of RON63.3 million. The company is 83%-owned by Lucian Peticila.