The company posted a net profit of RON1.09 million, 51% higher from RON0.72 million in the first three months of 2012.
Revenues rose 8.2% year-on-year to RON42.6 million in the January-March period, , while costs increased 7.4% to RON41.4 million.
The company estimates its revenues will increase 6.2% to about 198 million lei (EUR45.2 million) in 2013, from RON186.4 million a year earlier.
Vrancart forecasts a pretax profit of RON7 billion in 2013, up from RON6.2 million in the previous year.
The company is majority owned by regional investment fund SIF Banat-Crisana (SIF1.RO), with a 74.7% stake.
Wednesday, Vrancart closed down 1.43% at RON0.069 a share in Bucharest. (EUR1=RON4.3344)