The company’s turnover amounted to RON8.8 million in the first quarter of last year, from RON7.9 million in the similar interval in 2011.
Its revenues and total expenses increased 36% each in the first quarter to RON29.1 million and RON28.7 million, respectively, the company said in a statement Wednesday.
Its net profit increased to RON0.32 million in the first quarter of 2013, from RON0.12 million in the similar interval a year ago.
Electroputere VFU is part of private freight railway carrier Grup Feroviar Roman, controlled by businessman Gruia Stoica.
Remarul Pascani changed its name into Electroputere VFU in March.
Stoica owns about 91% of Electroputere VFU through Grup Feroviar Roman.
On the Bucharest stock exchange Monday, Electroputere VFU was trading down some 4%, at RON2.35 per share. (EUR1=RON4.4369)