Its operating expenses rose 2.2% to RON139.8 million (EUR34.2 million) in January through September, from RON136.7 million in the same period a year ago.
Its financial revenues (from interests and dividends) advanced by 5.6% to RON10.2 million (EUR2.5 million), while financial expenses rose 12% to RON8.4 million (EUR2 million) on the year in the first nine months.
Thus, the company’s net profit fell 12% to RON10.5 million (nearly EUR2.6 million) in the mentioned interval, from RON12 million in the year-eralier period.
According to the company’s revenue and expenses budget for 2013, Aerostar expects turnover of RON210 million and gross profit of RON19 million in 2013.
Aerostar is 71.09%-owned by Iarom Bucuresti. Regional investment fund SIF Moldova (SIF2.RO) holds over 14.5% in the company.
On the Bucharest Stock Exchange Monday, Aerostar traded up 1.17% at RON1.639 a share.