Turbomecanica reported turnover of RON34.4 million and loss of RON5.9 million in the same period in 2012, according to a report submitted to the Bucharest Stock Exchange.
The company’s nine-month revenues fell by 25% to RON33.2 million (EUR7.5 million), from RON44.1 million in the same interval a year ago, and costs decreased by 28% to nearly RON36 million (some EUR8 million), from RON50 million.
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.
Turbomecanica shareholders include board chairman and general manager Radu Viehmann, who owns a 25.92% stake, Dana Maria Ciorapciu, with 15.16% of the shares and Sorin Tudor Cioprapciu who owns 9.1%.
On the Bucharest Stock Exchange, Turbomecanica traded down 8.2% at RON0.028 a share. (EUR1=RON4.4306)