IAR S.A. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was RON 129.9 million compared to RON 96.61 million a year ago. Revenue was RON 179.31 million compared to RON 97.2 million a year ago.

Net income was RON 38.22 million compared to RON 1.84 million a year ago.