Sales increased by 23.6% on the year, to RON2.2 billion, from RON1.81 billion, according to financial results published on the Bucharest Stock Exchange.
Revenue increased by 22.4% to RON2.68 billion, while expenditure widened by 20.1% to RON2.4 billion.
At the end of December last year, Alro had debts with maturity below one year worth RON237 million, up 10.2% from RON215 million at the end of 2010.
The company is 87.96% owned by Dutch-registered group Vimetco. Another shareholder is investment fund Fondul Proprietatea (FP.RO), which holds 10.03%.
Alro shares closed down 3% Wednesday, at RON3.2. (EUR1=RON4.3467)