In 2010, Oltchim posted a loss of RON223.3 million.
Oltchim said total sales rose 17% to RON1.53 billion in 2011, from RON1.3 billion a year earlier.
Revenues were up 15.4% to RON1.64 billion, but costs advanced at a faster pace to RON1.9 billion.
Oltchim is majority owned by the Economy Ministry, with a 54.79% stake, while Germany’s PCC holds 12.16% of its shares.
At around 12:20 Wednesday, Oltchim traded up 1.97% at RON1.189 a share in Bucharest, amid a slightly rising market.