Insolvent Romcab Reduces Loss in 1H after 121% Revenue Growth

09.01.2020 By Oana Gavrila

Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO, suspended from trading), said Tuesday its revenues grew 121% on the year in the first half of 2020, to RON391.4 million, and it reduced its loss to 14.3 million from RON71.5 million in the same period last year.

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