Hidroelectrica's H1 net profit drops 11 pct YoY

Hydropower producer Hidroelectrica posted a mid-year net profit of 806 million lei, by 11 percent less YoY, the company said in a report posted on its website.The company's EBITDA (earnings before interest, taxes, depreciation and amortization) was 26 percent less, at 1.251 billion lei, while operating revenues fell 23 percent to 1.823 billion lei."Operating revenues in the first half of the year were lower than in the same period of 2019 as a result ...

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