Avicola reported a net profit of RON0.24 million, down 62% from RON0.62 million in the first nine months of 2011.
The company said total revenue rose 7.4% on the year to RON89.9 million, while overall costs were up 7.9% to RON89.7 million.
The meat processor is 84.6%-owned by Ioan Popa, who also owns peer company Transavia Alba Iulia.
On the Bucharest bourse October 26, Avicola closed flat at RON2 a share. (EUR1=RON4.531)