In January-March 2011, Laminorul posted a net profit of RON29.7 million.
The company reported sales of RON55.2 million in the first three months, well below RON178.2 million in the corresponding period of 2011.
Laminorul is 90.91% owned by Donau Commodities, a unit of Russian mining and metals group Mechel.
On the Bucharest bourse April 12, Laminorul closed up 37.2% at RON0.7 a share. (EUR1=RON4.4373)