Societatea Energetica Electrica SA reports a 14.5% rise in revenue for 9M2019

  • Nov 15, 2019 GMT
  • Team Kalkine
 
  • Societatea Energetica Electrica SA (ELSA) has released the summary of results for the nine-month period ended 30 September 2019.
  • Company’s operating revenues were up by 14.5 per cent to RON 4,723 Million for 9M 2019 as compared to RON 4,126 Million for 9M 2018.
  • EBITDA however, declined by 22.1 per cent to RON 549 million, from RON 156 million in 9M 2018 period.
  • Net profit of the company declined by RON 161 million or 48.1 per cent to RON 154 million as compared to profit of RON 315 million in the same period the previous year.

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