Its turnover grew 22.5% to RON245.4 million in Jan-June from RON200.4 million in the same period of 2022. Of the RON245.4 million turnover, the company sold products and services worth RON41.74 million on the domestic market and worth 203.7 on the foreign market

Total operating expenses reached RON228 million in the first half of 2023, up 39.2% on the year. The profit per share was RON0.308 versus RON0.321 in the first half of 2022.

On Friday (Aug 11), Aerostar shares were trading down 5.5% to RON8.6 per unit, taking the company’s stock market value to RON1.3 billion. Its shares, however, have gained 11.7% so far in 2023, amid deals worth RON2.7 million.

Aerostar is majority owned by IAROM SA Bucuresti, with a 71.5% stake, and 15.2%-owned by Evergent Investments (EVER.RO).