In January through September 2010, Amonil posted a net profit of RON0.53 million.

Amonil said total sales dropped to RON8.4 million in the first nine months of 2011, from roughly RON103 million in the same period of 2010.

Revenue declined over tenfold to RON10.5 million, while costs fell fourfold to RON26.6 million.

Mid-August, Amonil announced it has changed its core business to energy production, while keeping the fertilizer business as secondary activity.

Amonil has a share capital of RON111.2 million, divided into 1.112 billion shares, with a face value of RON0.1.

Amonil is 50.46% owned by two Belize-registered firms (Zalois and Jovline). However, the company is seen as a unit of Interagro group, owned by businessman Ioan Niculae.

On the Bucharest bourse Tuesday, Amonil closed up 1.25% at RON0.0162 a share. (EUR1=RON4.3487)

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