Operating expenses surged 69% to RON83.86 million, the net profit jumped by 91% to RON8.2 million and the operating profit reached RON9.7 million in January-September 2023, up 126% on the year.
For end-2023, the company expects to exceed the projected budget of revenue and expenditure ului, compania estimează o depă, in terms of both turnover and operating profit.
Arctic Stream is valued by investors at RON116.5 million after its shares have traded 36.3% higher so far in 2023, amid deals worth RON8 million.