Revenue increased by 37% to RON1.25 billion, while expenditure widened by 29.6% to RON1.39 billion.
The company posted sales of RON1.09 billion in the timeframe analyzed, up 29% from RON851.6 million.
Mechel Targoviste is 86.6% owned by Russian group Mechel, through Mechel International Holdings. Privatization authority AVAS holds 4.04% in the plant.
Company shares were last traded on February 7, at RON0.81, up 0.62% on the day.