Hidroelectrica Turnover Down 14.3% To RON848M, Net Profit Down 13.6% To RON430M In 1Q/2020

Hidroelectrica Turnover Down 14.3% To RON848M, Net Profit Down 13.6% To RON430M In 1Q/2020

05.15.2020

Romanian state-owned power company Hidroelectrica on Friday said it ended the first quarter of 2020 with a turnover of RON848 million, down 14.3% on the year, and a net profit of RON430 million, down 13.6% on the year, as per the quarterly report of Fondul Proprietatea, the company’s minority shareholder with a 20% stake.

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Analysis

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