IAR BraĹov - business and profit down in the middle of the year
BVB
The aeronautical company IAR BraĹov (IARV) reported a turnover of 193.9 million lei for the first six months of this year, 13.5% below that of the same period last year, while net profit decreased by 34%, to 13.3 million lei, according to the issuer's report published on Friday on the Bucharest Stock Exchange (BVB) website. In the first quarter, the issuer obtained a net profit of 15.5 million lei, which means that in the second quarter IAR BraĹov recorded a loss. Operating income amounted to
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