Turbomecanica reported sales of RON23.3 million and loss of RON4.4 million in the first six months of 2012.
The company’s operating profit reached RON156,000 in the first half of the year, three times lower from RON522,000 in the same period a year ago.
Turbomecanica’s first-half revenues fell 24% to RON22.1 million, while costs declined 25% to RON25.3 million. The company reported revenues of RON29.2 million and costs of RON33.6 million in the same period in 2012.
The aircraft parts maker has a share capital of RON36.9 million split into 369.4 million shares with a face value of RON0.1.
On the Bucharest Stock Exchange Monday, Turbomecanica closed up 4.75% to RON0.0309 a share.