EnglishAerospace & defense technology manufacturer Aeroteh concluded H1 with a 37.4% increment in net profit to 634,539 RON year-on-year. The turnover gained 9.9% to 4.7 million RON, whereas revenues increased by 17.1% to 6.38 million RON. On Wednesday, Aeroteh shares reached 10.5 RON, down by 4.55% from the previous day, adjusting the company"s market value to 34 million RON.
Aeroteh has a share capital of 10.56 million RON, following an increase by nearly 2.45 million RON in May. The company concluded last year with 15.8 million RON in turnover and 3.83 million RON in net profit. Estimates for this year indicate a 12.3 million RON turnover and 2.56 million RON in profit. Aeroteh is controlled by the Employees Association with 65.69%.
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