In January to March 2010, Electrocarbon reported net profit of RON1.6 million.
The company said total sales rose 17% to RON38.9 million, from RON33 million in the first quarter of 2010.
Electrocarbon posted overall revenue of RON44.5 million in the first quarter, up 32% on the year, while total costs increased 30% to RON41.2 million.
Local company Vivaio Campina holds a 50.8% stake in Electrocarbon, while Metaleuroest holds 21.3% of its shares.
On Rasdaq market Tuesday, Electrocarbon closed down 6.9% at RON2.41 a share. (EUR1=RON4.1051)