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Romanian aircraft maker Aerostar 9-mo net profit surges 163%

Nov 5, 2012, 10:58:14 AMArticle by Mariya Stanimirova
share
November 5 (SeeNews) - Romanian aircraft manufacturer Aerostar [BSE:ARS] said on Monday its net profit rose by 162.6% to 11.25 million lei ($3.19 million/2.48 million euro) in the first nine months of this year.

Romanian aircraft maker Aerostar 9-mo net profit surges 163%

Some 78% of the company's 133.99 million lei turnover represents sales abroad, Aerostar said in its financial statement.

Following are figures from the company's income statement published on the company’s website (in millions of lei):

Jan-Sept'12 Jan-Sept'11
Net profit 11.25 4.28
Gross profit 16.21 7.88
Net turnover 133.99 100.45
Total revenue 161.25 114.83
Total costs 145.04 106.96

Aerostar's shares last traded 1.46% up at 1.3190 lei on the Bucharest Stock Exchange.

(1 euro = 4.5289 Romanian lei)

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