Electrica posts net loss of RON 41 million for Q1 2019
Thursday, May 16, 2019
The total operating revenues of the Electrica Group in the first quarter of 2019 amounted to RON 1.62 billion, an increase of 17 percent or RON 237 million compared to the same period of 2018. The electricity transporter recorded a net loss of RON 41 million, as a result of rising costs for the purchase of electricity. In the distribution segment, revenues increased by 4.5 percent as a result of the increase in the distributed share by 0.5 percent, the increase in average ...