Its EBITDA (earnings before interest, tax, depreciation and amortization) totaled RON100.5 million in the first nine months of 2023, up 5.7% on the year, while its net profit fell by 5.6% on the year to RON49.8 million. Expenses grew 4.9% to RON351.3 million in Jan-Sept 2023, from RON334.8 million in the same period of 2022.
COTE shares have traded 13.3% higher so far in 2023, amid deals worth RON29.2 million, ensuring a market capitalization of almost RON670 million.
Conpet is 58.7%-owned by the Romanian State and the remainder represents free float.