A gross dividend reaches RON0.291 per share, which results in a nearly 3% yield, relative to Monday’s trading price of RON10.2 per unit.
Of the 2022 net profit, almost RON3.2 million represents profit reinvested last year and RON5.66 million went into “other reserves – own financing sources”. In 2023, the investment volume stipulated in the company’s budget of revenue and expenditure stands at RON20 million.
IARV shares have gained 9.7% since the beginning of 2023, amid deals worth RON740,000. In 2022, IAR Brasov reported a turnover of RON315.4 million, down 4.3% from 2021, and its profit plunged 39.55%, as per its preliminary financial report.