In January-September 2011, the company posted a net profit of around RON0.23 million.

UAMT said total sales rose 25.4% to RON74.6 million in the first nine months, from RON59.5 million in the year-ago period.

Revenues were up 30.5% at RON78.8 million, while costs increased 27.5% to RON76.6 million.

The company is 35.6% owned by PAS UAMT, while Board Chairman Ioan Stanciu holds a 31.5% stake.

On the Bucharest bourse November 2, UAMT closed flat at RON0.35 a share. (EUR1=RON4.522)