The Cemacon company closed the first six months of this year with a net profit of RON 49.66 million, up 130 percent compared to the same period in 2021, and the net turnover amounted to RON 123.42 million, up by 47 percent.
“The first half of the year was marked by geostrategic and macroeconomic instability, by cost increases in electricity, gas and raw materials, which were directly reflected in Cemacon’s production cost. However, the financial results clearly show the performance of this semester, the turnover being 47 percent above the similar period of the previous year, in conditions of very good profitability”, said Daniel Šologon, general director and president of the Cemacon Board of Directors.
“From the point of view of demand, the first semester of 2022 started beyond expectations and the demand for masonry materials was at a very good level, with Cemacon registering a turnover of over RON 123 million”, mentioned the company’s representatives.
Source: Economica.net
