Hydropower producer Hidroelectrica last year made 1.36 bln lei in net profit, the highest in the company's existence, Hidroelectrica general manager Bogdan Badea told a press conference on Monday.
In 2016 the company's net profit had been 1.228 billion lei.
In Q1 2018 Hidroelectrica posted a net profit of 485 million lei, compared to 399 million in the year-ago period; the increase was the result of better hydrological conditions.
The company's EBITDA margin advanced from 67 percent in 2016 to 69 percent last year and 74 percent in Q1 2018.
"There were periods this winter when we covered even more than 50 percent of the total national energy consumption," Badea said.
Hidroelectrica's 2017 net profit of 1.36 bln lei, an all-time high
Sursă foto: stiripesurse.ro
Distribuie articolul
Distribuie articolul
Explorează subiectul
Articole Similare
12
PSD's Grindeanu: If a Government is not for the people, then it will no longer exist at all
12
15
PM Bolojan: Temporary technical recession is part of the anticipated cost of the transition to a solid economy
15
8
President Nicusor Dan: It would have been good to have the budget before 1 January
8
11
Bucharest general mayor invited to join network of Europe's main mayors
11
19
TVR announces finalists of National Eurovision Selection
19
11
DefMin Miruta leading Romania's delegation to Munich Security Conference
11
12
Romania's economy grows by 0.6pct in 2025, but ends year on technical recession
12
11
President signs degree on judge Ionela Tudor's retirement
11
10
President Dan: Governing coalition works better than generally perceived
10
22
President Dan: George Simion, with a large delegation, was not welcomed by anyone in the US
22
16
President Dan: The European Commission has committed to come up with proposals on lowering energy prices
16
13
President Dan: For each of the three prosecutor's offices there are very interesting picks
13
24
EnerMin Ivan:Final Investment Decision for Doicesti SMR marks transition from analysis implementation phase
24
Comentează