Detail akcie Condmag online

Business Summary: Condmag SA is a Romania-based company primarily engaged in the construction of pipelines. The Company is active in the construction of pipes and installations for natural gas, crude oil, petroleum products, water, sewage and other liquids. Additionally, the Company is involved in pipe insulation services; construction of gas treatment plants, gas compression stations, pumping stations, oil storage facilities, gas measuring and regulating stations; plumbing and central heating installation works, and provision of engineering projects of pipelines and other installations. As of December 31, 2011, the Company had two subsidiaries: Timgaz SA, which is involved in the provision and distribution of natural gas, and Flowtex Technology SA, which is engaged in provision of horizontal directional drilling services. It field for insolvency within the Brasov Court.
Financial Summary: BRIEF: For the nine months ended 30 September 2019, Condmag SA revenues increased from RON1.5M to RON4.2M. Net loss applicable to common stockholders increased 24% to RON2.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Other Operating Income/Expense increase from RON165K (income) to RON2.3M (expense), Advertising Expenses remaining flat at RON0K.