Transelectrica’s Q1 profit slumps 42%

Power supplier Transelectrica (TEL) scored a net profit of 47.26 million lei during the first three months of the year, 42 percent less than the similar period last year, as business compressed by 12 percent, according to the financial results sent to Bucharest Stock Exchange, NewsIn informs.The net profit corresponding to the first quarter of 2008 stood at 82.19 million lei. The turnover reached 691.26 million lei by March, ducking 12 percent under that registered last year, of 788.16 ...

Developed by Codecraftsman