UCM Resita Loss Widens To RON12M In 1Q 2012

05.10.2012 By Radu Bostan

The revenues of Romanian engine manufacturer UCM Resita (UCM.RO) declined by 16% in the first quarter, from 37.7 million lei (EUR8.53 million) to RON31.5 million, while losses increased by over 60%, from RON7.5 million to RON12.2 million.

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