In the first six months of 2011, Altur posted a net profit of RON1.1 million.
Altur reported sales of RON63.77 million in January through June, from RON72.02 million in the year-earlier period.
Overall revenue decreased 9.25% to RON67.4 million, while total costs fell 9.5% to RON66 million.
Altur has a share capital of RON82.4 million split up into 824.3 million shares with a face value of RON0.1.
The company estimates its pretax profit will rise fourfold on the year to RON2 million in 2012, as spending is expected to decline faster than revenues.
Romanian businessman Catalin Chelu owns indirectly, through Mecanica Rotes (METY.RO) and Celule Electrice (CLEL.RO), around 43% of Altur’s shares.
On the Bucharest bourse Thursday, Altur closed up 5.73% at RON0.0295 a share. (EUR1=RON4.5362)