The net profit was revised upward from RON7.27 million estimated in December.
Mecanica Ceahlau said total sales rose 42.2% on the year to RON31.6 million in 2011. In December, the company predicted a 36% increase in its sales to RON30 million.
Revenues were up 41.7% to RON31.3 million in 2011, while costs increased 17% on the year to RON23.2 million.
Mecanica Ceahlau has a share capital of almost RON24 million, split up into 239.9 million shares with a face value of RON0.1.
The company’s main shareholder is regional investment fund SIF Moldova (SIF2.RO) with a 55.1% stake, while investment fund Eastern Eagle Fund Winward owns a 21.6% stake.
At around 13:00 Wednesday, Mecanica Ceahlau traded up 0.87% at RON0.116 a share in Bucharest.