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Alro aluminium maker posts almost 53 mln euros in 2011 net profit

Alro Slatina, the biggest aluminium producer in Central and Eastern Europe, reported preliminary net profit of 230 million lei (52.9 million euros at an exchange rate of 4.34 lei to the euro), a 44 percent rise on the 159.78 million lei made in the previous year, the company based in Slatina (southern Romania) said in a release to the Bucharest Stock Exchange.Alro reported preliminary turnover of 2.24 billion lei, up from 1.81 billion lei in 2010, as a result of the favourable ...

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