In January-March 2011, Alumil reported net profit of RON120.2 million.
Alro said its sales declined 9.6% on the year to RON510 million in the first quarter, from RON564.3 million in the year-ago period.
Total revenue fell 17.6% to RON603.4 million in January through March, while overall costs were down 7.6% to RON543 million.
Dutch-based Vimetco controls 84.18% of Alro’s shares, while the remaining shares are distributed among various holders.
On the Bucharest bourse Tuesday, Alro closed down 4% at RON2.4 a share, amid a declining market. (EUR1=RON4.4411)