![](http://storage0.dms.mpinteractiv.ro/media/401/1561/19649/20568194/1/vrancart.jpg?width=160&height=120)
Corrugated cardboard manufacturer Vrancart Adjud (VNC.RO) said its profit halved to almost RON7.7M in 2021 from RON18.6 million in 2020, amid 68% higher raw material costs in 2021 against 2020 and revenue growing at a slower rate, of 30%, compared to expenses, putting pressure on the operating result, in line with the company's financial report.