In 2011, Alumil posted net profit of RON3.42 million.

The company estimates total sales will reach RON74.36 million in 2012, slightly up from RON74 million a year earlier, according to the revenue and expenditure budget for 2012.

Operating profit is expected to rise 16.4% to RON4.56 million, from RON3.81 million in 2011.

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

On the Bucharest bourse Thursday, Alumil closed up 0.29% at RON1.038 a share. (EUR1=RON4.3745)

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