Petrolexportimport reported a net profit of 235,341 lei (a little over EUR54,000) in 2011, compared with a loss of RON1.5 million in the previous year.
The company said total sales rose to RON521.2 million, from RON360.7 million in 2010.
Revenues rose 43% on the year to RON529.4 million, while costs were up 42% to RON529.2 million.
Petrolexportimport has a share capital of RON6.1 million split into 408,697 shares with a face value of RON15.
Laird Resources, registered in the British Virgin Islands, holds 76.7% of the company’s shares.
Monday, Petrolexportimport closed down 7.74% at RON17.51 a share in Bucharest. (EUR1=RON4.3473)