Its net profit increased to RON947,000 from RON711,261 in January-March 2011.
Comelf registered revenues of RON36.5 million in the first quarter, up 4.5% from RON34.9 million in the same period a year ago. Overall expenses climbed 4.7% to RON35.6 million from RON34 million.
The company’s main shareholder is Uzinsider Bucuresti, with a 76.95% stake.
Comelf shares were last traded on March 30, when they closed up 2.22% at RON1.84 a share. (EUR1=RON4.426)