Teraplast reduced its loss in the first quarter
The construction materials producer Teraplast Bistriţa (TRP) reported for the first three months of this year a loss of 0.66 million lei, almost four times less than the similar period of 2012.
The evolution came as a consequence of the increasing of the company business in the same period with 5%, at more than EUR 9 million.
„The company’s evolution in the first three months of 2013 was influenced by the extended cold season and the concurrence pressure on the background of down volumes. Even if we did not reach the budgeted level, the sales were on ascendant trend. “, said Traian Simion, the general manager of Teraplast.
The company planned to come back to the profit in 2013 following a company’s business growth with 22.9% up to 294.4 million lei. Last year the construction materials producer has reduced its loss two times, at approx. 9 million lei, also by selling some actives from its portfolio. (sursa: zf.ro)
