Hidroelectrica’s Net Profit Shrinks 23% To RON1.3B In Q1, 2024

05.14.2024 By Liviu Popescu

State-owned Hidroelectrica (H2O.RO), Romania's largest electricity producer and the largest issuer listed on the Bucharest Stock Exchange by market capitalization, posted RON1.3 billion net profit in the first quarter of 2024, down 23% compared with the same period in 2023, while revenue decreased by 22% to RON2.5 billion.

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Keywords:
hidroelectrica
, profit
, decline