The company reported net profit of about RON1 million for October 2012-June 2013, from loss of RON3.5 million in the similar interval of the previous fiscal year.
Its total revenues rose 22% in the analyzed interval to RON245.2 million and overall costs climbed 19.6% to RON243.9 million.
Titan expects turnover of RON369.6 million for the current fiscal year, up about one third on the year.
The company is indirectly owned by financial group Raiffeisen, through Goodmills Group. The majority owner of Titan received approval Tuesday to delist the company. (EUR1=RON4.425)