In 2012, Aerostar’s operating revenue rose 28% to RON206.2 million, compared to RON161.5 million in 2011, and costs advanced 28.5% to RON189 million, compared to RON147 million in 2011. Its operating profit rose 19% to RON17.2 million in 2012, compared to RON14.5 million a year before.
The company’s financial revenue rose 56% to around RON11.8 million last year, compared to RON7.5 million in 2011, and its financial costs were up 88% to RON9.4 million, from RON5 million in the previous year.
According to the company’s budget of revenue and expenses approved by its shareholders at the end of last year, Aerostar expects a turnover of RON210 million and gross profit of RON19 million in 2013
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%.
On the Bucharest Stock Exchange Thursday, Aerostar opened up 0.25% to RON1.604 per share. (EUR1=RON4.3745)