Nuclearelectrica Q1 net profit jumps on higher power sales

Nuclearelectrica, the operator of Romania's sole nuclear power plant Cernavoda, said on Friday its first-quarter net profit rose 51.7% on the year to 189.9 million lei ($48 million/41 million euro) on the back of increased electricity sales, seenews.com informs. EBIT rose by 44.4% year-on year, while EBITDA increased by 25.1%, mainly due to the increase of the operating income by 15% influenced by the rise in energy sales, Nuclearelectrica said in an interim financial ...

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