In the first half of 2010, Vae Apcarom posted net profit of RON1.9 million.
Vae Apcarom said total revenue rose 35.4% on the year to RON45.1 million in January to June, while overall costs increased by the same procent to RON41.7 million.
The company’s sales were up 48.9% to RON43 million.
Vae Apcarom has a share capital of RON7.3 million, split into 73.7 million shares with a face value of RON0.1. Austrian group Voestalpine owns almost 93% in the company.
Wednesday morning, Vae Apcarom’s shares traded up 1.59% at RON0.64 in Bucharest. (EUR1=RON4.267)