S.C. Ves SA said its third-quarter normalized net income came to 683,440 lei, a rise from 112,240 lei in the year-earlier period.
Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.
The normalized profit margin rose to 5.6% from 1.1% in the year-earlier period.
Total revenue climbed 24.8% year over year to 12.2 million lei from 9.8 million lei, and total operating expenses increased 19.1% from the prior-year period to 11.1 million lei from 9.3 million lei.
Reported net income totaled 1.1 million lei, compared with 179,580 lei in the year-earlier period.
As of Nov. 12, US$1 was equivalent to 4.13 Romanian lei.