Transelectrica Net Profit Doubles YoY To RON77M In 1Q/2020

05.15.2020 By Ecaterina Craciun

Romanian state-owned power grid operator Transelectrica (TEL.RO) on Friday said its net profit reached RON77 million in the first quarter of 2020, versus RON38 million in the year-earlier period and nearly three times higher than the profit budgeted for the first quarter of 2020, and its total revenues stood at RON602 million, versus RON648 million in the first quarter of 2019.



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Keywords:
Transelectrica
, earnings