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Aerostar posts RON 61 M in net profit January through September 2023


 Aerostar recorded, in the first nine months of 2023, a net profit of RON 61.096 million, down 17.3% compared to the same period last year, of RON 73.914 million, according to the financial data sent to the Bucharest Stock Exchange (BVB) on Friday.

During the mentioned period, the company recorded a turnover of RON 361.523 million, an increase of 14% compared to the first nine months of last year. Export sales amounted to RON 295,507 million (227,192 in the period January-September 2022).

Gross profit amounted to RON 67.729 million, down from RON 98.175 million in the first nine months of last year.

Aerostar manufactures aviation products, repairs and modernizes airplanes, produces and integrates aero and land systems with civil applications or in the field of defense and security.
Since 2000, it has been a company with full private capital, having its shares traded on the Bucharest Stock Exchange since 1998.

The main shareholders are SC IAROM, with 71.4921% of the shares, and Evergent Investments, with 15.1737%.