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Romgaz boasts 52% stronger earnings in 2021

Romanian state-controlled gas company Romgaz (BVB: SNG) posted a strong RON 1.90 bln (EUR 380 mln) net profit in 2021, 52% stronger compared to 2021 and 74% higher than 2019, according to the preliminary financial results released by the company.   The company’s market capitalisation is RON 14.7 bln (EUR 3 bln) after the price of its shares rose by 3.11% on the day the 2021 FY results were ...

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