Romcarbon posts RON 100.36 million in turnover in H1, while profit doubled

Romcarbon, the manufacturer of plastic packaging goods, recorded revenues of RON 100.36 million in the first half of the year, up by 3 percent compared to the first six months of 2017. The net profit stood at RON 5.24 million, more than double compared to last year.

Net income from investments accounted for RON 2.4 million, while revenues from subsidies were RON 1.1 million. Total current debts amounted to RON 80.6 million and total liabilities were RON 137.35 million.

Romcarbon has a market capitalization of RON 41.6 million at the share price of RON 0.1575. In the past ten months, the share price went up more than 10 percent.

The main shareholders of the company are Living Plastic Industry SRL with 32.8 percent and Joyful River Limited with 20.5 percent.

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