In the first half of 2010, the company posted a net profit of RON2.4 million.

Albalact said total sales rose 32.6% on the year to RON165.87 million in January to June.

Overall revenue stood at RON193.2 million, up from RON132 million in the same period of 2010.

Alabalact has a share capital of RON65.27 million. Main shareholders include Petru Ciurtin, with a stake of 31.74%, Petru-Raul Ciurtin with 11% and Cyprus-registered investment fund RC2 Limited with 25.44%.

Thursday, Albalact closed flat at RON0.2185 a share in Bucharest. (EUR1=RON4.2236)