Transelectrica net profit eight times lower in first half

The National Company of Power Transmission Transelectrica reported in the first half of this year a net profit of 22.582 million lei (about 5 million euros), about eight times smaller on a year-on-year basis, according to the non-audited financial results sent to Bucharest Stock Exchange The company turnover amounted to 1.447 billion lei, 8 percent lower compared to the first half of 2011 when it was 1.314 billion lei.The company revenues amounted to ...

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