Aerostar reports slightly growing business for 2023!

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The aviation company Aerostar reports for last year a turnover of 506,29 million lei, 8,41% higher than the 466,99 million lei from the same period last year.

Aerostar Bacău (ARS) achieved total operating revenues of 2023 million lei in 533,06, up 12,51% compared to 473,78 million lei from the previous financial year. No less than 81,16% of these sales are made for export, i.e. the amount of 410,91 million lei. In the November quarterly report, the company also provided the geographical structure of these deliveries.

In the same reporting period, the total operating expenses of the company, which is also part of Raytheon's global supply chain as an authorized supplier for Patriot systems, increased by 34,15% to 342,92 million lei, from to 255,62 million lei.

Net profit decreased by 17,34%, to 61,09 million lei, from 73,91 million lei in the first 9 months of 2022. In H1, the net profit was 46,82 million lei and for the whole of last year it was 90,26 million lei, of which a quarter went to shareholders in the form of dividends, informs

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