May 12 (SeeNews) - Romanian aircraft engine maker Turbomecanica [BSE:TBM] said it cut its non-consolidated net loss to 3.554 million lei ($890,300/811,000 euro) in 2014 from 8.592 million lei a year earlier.
Operating loss shrank to 381,000 lei in 2014, from 3.801 million lei a year earlier, the company said in a bourse filing. Pre-tax loss fell to 7.821 million lei from 8.859 million lei in 2013.
Total revenue doubled to 78.805 million lei from 38.945 million lei in 2013.
Turbomecanica's share capital remained unchanged at 36.944 million lei.
|
2014 (in mln lei) |
Y/Y Change (%) |
2013 (in mln lei) |
Net loss |
3.554 |
-59% |
8.592 |
Pre-tax loss |
7.821 |
-12% |
8.859 |
Operating loss |
0.381 |
-90% |
3.801 |
Total revenue |
78.805 |
102% |
38.945 |
Cash and cash equivalents |
11.903 |
3827% |
0.303 |
Share capital |
36.944 |
0.0% |
36.944 |
(1 euro = 4.3828 Romanian lei)