Rompetrol Well Services reported total revenue of RON100 million in 2011, up 18% on the year, while overall costs rose 21% to RON81 million.
Sales increased 20.6% to RON95.4 million, the company said in its preliminary financial report.
The Rompetrol Group is majority owner in Rompetrol Well Services, with a stake of 71.7% of the company’s shares.
On the Bucharest bourse Wednesday, Rompetrol Well Services traded flat at RON0.31 a share. (EUR1=RON4.3473)