Transelectrica Net Profit Plunges 90% YoY To RON8M In 1Q/2022

05.13.2022 By Ecaterina Craciun

Romanian state-run power grid operator Transelectrica (TEL.RO) recorded a net profit of RON8 million in the first quarter of 2022, down 90% from RON82 million in the first quarter of 2021, according to the company’s quarterly financial report released on Friday (May 13).

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