In the first quarter of 2012, Aerostar had revenues of RON49.7 million and a net profit of RON4 million.
The company’s first-quarter expenses stood at RON46.78 million, 3.7% higher than the first quarter of 2012, when expenses totaled RON45 million.
According to the budget approved by shareholders at the end of last year, Aerostar estimates a turnover of RON210 million and a pre-tax profit of RON19 million this year.
The company plans to invest RON25.7 million this year, 19% more than last year.
Aerostar has a share capital of RON37.4 million split into 117.1 million shares with a face value of RON0.32.
The company is 71.09% owned by Iarom Bucuresti, while regional investment fund SIF Moldova (SIF2. RO) holds 12.46%.