Arctic Stream’s Net Profit Doubles YoY To RON900,000 In 1Q/2022 Due To Higher Revenue

05.13.2022 By Ecaterina Craciun

Romanian-held company Arctic Stream (AST.RO), an integrator of IT infrastructure and security, ended the first quarter of 2022 with a net profit of EUR900,000, double year-over-year, due to an increase of over 150% in revenues up to RON10.76 million (EUR2.17 million), according to the company’s financial report released on Friday (May 13).

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Arctic Stream
, earnings