Transelectrica profits down 51 pct in first 9 months of 2023
Thursday, November 16, 2023
National Power Grid Company Transelectrica recorded a net profit of 207 million RON in the first nine months of this year, 51% lower than in the same period in 2022, according to financial data sent to the Bucharest Stock Exchange (BVB) on Tuesday.Total operating expenses (including amortization) decreased by 30% in the January-September 2023 period to 3.078 billion RON, from 4.388 billion RON, year-over-year.There was a 14% decrease in ...