Revenues climbed 45.4% to RON51.29 million from RON35.26 million, while expenditure rose 47.7% to RON46.19 million from RON31.23 million.
Aerostar Bacau’s profit increased 48.7% in January-March to RON4.06 million, from RON2.73 million in the first quarter of 2011.
The company has a share capital of RON29.2 million divided into 117.1 million shares with a face value of RON0.25.
The company is 71.09% owned by Iarom Bucuresti, while regional investment fund SIF Moldova (SIF2.RO) holds 12.45%
Aerostar shares were trading early Monday at RON0.99, up 2.06% on the day. (EUR1=RON4.374)