Sales inched up 4.4% on the year, to RON495.19 million, from RON474.01 million, according to financial results posted on the Bucharest Stock Exchange.
Revenue rose 4.7% to RON501.7 million, while expenditure widened by 8.3% to RON485.1 million.
The company is 52.82% owned by the Employees Association.
Electromagnetica shares closed down 4.14% Wednesday, at RON0.2802. (EUR1=RON4.3467)