Insolvent Elefant Online's Loss Widens To RON17.7M, Turnover Plunges Three-fold To RON15.8M In H1/2024

10.09.2024 By Ecaterina Craciun

Insolvent online retailer Elefant, which has bonds listed on the Bucharest Stock Exchange (ELF26.RO), recorded a turnover of RON15.8 million for January-June 2024 period versus RON53 million in the same period of 2023, while its loss soared to RON17.7 million from RON11.2 million, as per the company's profit and loss (P&L) statement for the first half of 2024, released on October 8.

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