The company’s budget for 2012 also includes expectations of a 10% increase in turnover, to RON165 million, from RON150 million this year.
In the first nine months of 2011, the company’s sales dropped 3% to RON100.4 million, from RON103.83 million in the year-earlier period.
Revenue is expected to increase by 9% next year, to RON173.3 million, while expenditure is seen wider by 8%, at RON159.2 million.
Between January and September this year, the company posted a revenue or RON114.8 million, down 3% on the year, while expenditure fell 5% to RON106.9 million.
Nine-month gross profit stands at RON7.8 million, up 47% from RON5.3 million in the same interval of 2010.
The company has a share capital of RON29.2 million, divided into 117.1 million shares, with a face value of RON0.25.
Aerostar is 71.09% owned by Iarom Bucuresti, while SIF Moldova (SIF2.RO) holds 12.16%.
Company shares were last traded on December 6, at RON0.9305, down 6.95% on the day. (EUR1=RON4.3409)