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Transelectrica’s Mystery: Turnover Up, Profit Down, Shares At 2-Year Low
05.15.2012
The net profit of Romanian power grid operator Transelectrica (TEL.RO) fell 3.7 times in the first quarter to 43.6 million lei (EUR10 million), while its turnover rose 18% to RON884 million (EUR203 million).
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