Revenue rose 62.6% to RON235.5 million, while expenditure cumulated RON194.5 million, up 27% on the year.
Sales widened by 43.9%, to RON185.69 million in January to March, from RON128.98 million in the same interval of 2010, TMK-Artrom said in its financial report.
TMK Europe, the German subsidiary of Russian TMK, holds 92.66% in the Romanian company. The TMK group also operates the TMK-Resita smelter in Romania.
TMK-Artrom shares closed up 4.59% Friday, to RON1.935. (EUR1=RON4.106)