Net profit reached RON6.1 million from RON0.8 million in the year-ago period. The profit margin was 10.30% compared with 1.3%.
The profit margin is slightly higher than expected, which means the company met its target, to boost operating revenue by RON3.2 million in the first half of 2023, as well as cut operating expenses by RON2.6 million.
Turbomecanica has a market capitalization of RON100 million. Its shares have gained 49% on a traded volume of RON3.6 million in 2023.
(English version by Loredana Fratila-Cristescu)