In January to March 2010, Romcarbon posted net profit of RON1.8 million.
Romcarbon said total revenue rose nearly 5% to RON31.4 million in the first quarter, while overall costs fell slightly to RON27.9 million, from RON28.1 million a year earlier.
The company’s turnover stood at RON28 million, up 8% from RON25.9 million in the first quarter of 2010.
Romcarbon has a share capital of RON26.4 million split up in 264 million shares with a face value of RON0.1.
Romcarbon’s main shareholders are Living Plastic Industry, with a 32.85% stake, followed by Unitai International Corporation, with a 20.5% stake and investment fund Eastern Eagle Fund, with a 14.2% stake.
On the Bucharest bourse May 9, Romcarbon closed down 3.3% at RON0.2127 a share. (EUR1=RON4.0997)