Electromagnetica Switches To RON25.2M Net Profit In 2022 From RON16.1M Loss In 2021

02.17.2023 By Ecaterina Craciun

Electromagnetica Bucuresti (ELMA.RO), which makes electrical equipment and produces electricity, announced a net profit of RON25.2 million for 2022 versus a loss of RON16.1 million in 2021, whereas its turnover dropped by 32% to RON231.5 million, as per the company’s preliminary financial report sent to the Bucharest Stock Exchange on Friday (Feb 17).

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