Net profit fell 16.6% on the year to RON2.5 million, the company said in its financial report.

Alumil, the local unit of Greece’s Alumil Mylonas, posted total revenue of RON53.8 million in the first nine months, slightly lower from RON54 million in the same period of 2011. Expenditure, however, inched up to RON51 million versus RON50 million in the previous year.

Alumil Mylonas holds 55.9% in Alumil, while the company’s president Michail Sotiriou owns a 23.95% stake.

On the Bucharest bourse Tuesday, Alumil closed flat at RON1.186 a share. (EUR1=RON4.531)

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