Transelectrica's H1 net profit up 282 pct YoY

 National electricity transmission company Transelectrica posted a net profit of 116 million lei in H1, by 282 percent higher compared to the same period of the previous year, the company said in a statement on Monday.Mid-year revenues amounted to 1.09 billion lei, down 8 percent YoY, while expenses stood at 809 million lei, by 19.3 percent lower. EBITDA was 281 million lei, up 55 percent."The positive financial result was obtained as a result of ...

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