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Hidroelectrica Net Profit Falls 11% To RON806M, Revenue Drops 23% To RON1.9B YoY In 1H/2020
08.20.2020
Romanian state-owned power producer Hidroelectrica, the most profitable state-run company in Romania, ended the first half of 2020 with a net profit of RON806 million, down 11% on the year, and revenue of RON1.9 billion, down 23% on the year, per calculations by Ziarul Financiar based on the Executive Board’s report subject to shareholder voting.
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