Aerostar reported total sales of RON63.6 million (EUR15.2 million) in the first half, down 9% on the year.
The company said revenue fell 10% to RON75.3 million (EUR18 million) in January to June, while costs declined 16% on the year to RON67.2 million (EUR16 million).
Aerostar is 71.09% owned by Iarom Bucuresti, while regional investment fund SIF Moldova (SIF2.RO) holds a 12.13% stake.
End-June, the company employed 1,212 staff, down from 1,257 staff in December last year.
On the Bucharest bourse Tuesday, Aerostar closed flat at RON0.99 a share. (EUR1=RON4.256)