OMV Petrom Revenue Up 12% To RON6B, Net Profit Down 43% To RON653M In 1Q/2020 Due To Lower Prices, COVID-19 Crisis

04.29.2020 By Ecaterina Craciun

Oil and gas company OMV Petrom (SNP.RO) on Wednesday said it ended the first quarter of 2020 with revenue of RON6 billion, up 12% on the year, and a net profit of RON653 million, down 43% on the year, as the company’s results were impacted by lower oil prices and the start of the crisis caused by the COVID-19 crisis.



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