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earnings

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MedLife Group Sales Grow 23% in 1H, Profit Grows 130%, to RON14M
Companies

MedLife Group Sales Grow 23% in 1H, Profit Grows 130%, to RON14M

MedLife, the leading private healthcare provider in Romania, on Tuesday reported consolidated sales of RON468 million for the first half of the year, up 23%, and a consolidated net profit of...

Oana Gavrila · 13.08.2019 · 12:20 · 2 min
Sphera Franchise Group 1H Sales Grow 27%, to RON446M
Retail&Consumer

Sphera Franchise Group 1H Sales Grow 27%, to RON446M

Sphera Franchise Group, which manages over 100 restaurants under the KFC, Pizza Hut and Taco Bell brands, said Tuesday its consolidated sales grew 27% in the first six months, to RON446 mill...

Oana Gavrila · 13.08.2019 · 10:31 · 1 min
ING Bank Romania Net Profit Up 12% in 1H, to RON385M
Banks-Insurance

ING Bank Romania Net Profit Up 12% in 1H, to RON385M

Lender ING Bank Romania on Monday said its net profit grew 12% in the first half of the year, to RON385 million, while revenues grew 15%, to RON1.005 billion, on higher volumes.

Oana Gavrila · 12.08.2019 · 11:57 · 1 min
TMK-Artrom Slatina Revenues Grow 3% in 1H, Profit Drops to RON16M
Companies

TMK-Artrom Slatina Revenues Grow 3% in 1H, Profit Drops to RON16M

Industrial pipe manufacturer TMK-Artrom Slatina (ART.RO) on Monday reported a net profit of RON16 million for the first half of 2019, down from RON28 million in the same period last year.

Oana Gavrila · 12.08.2019 · 11:39 · 1 min
Raiffeisen Bank Posts RON348M Profit in 1H/2019, Down 9% Due to Provisions
Banks-Insurance

Raiffeisen Bank Posts RON348M Profit in 1H/2019, Down 9% Due to Provisions

Lender Raiffeisen Bank on Thursday reported a net profit of RON384 million for the first half of the year, down 9% from RON423 million in the same period last year, due to changes in calcula...

Oana Gavrila · 08.08.2019 · 14:25 · 1 min
Telekom Romania Revenue Declines 2.8% in 2Q, to EUR231.2M
Technology &Telecoms

Telekom Romania Revenue Declines 2.8% in 2Q, to EUR231.2M

Telekom Romania group posted consolidated revenues of EUR231.2 million in the second quarter, down 2.8% on the year on lower mobile phone sales, and an adjusted EBITDA of EUR29.8 million, th...

Oana Gavrila · 08.08.2019 · 11:56 · 1 min
Antibiotice Iasi Posts Higher Sales, Profit in 1H/2019
Companies

Antibiotice Iasi Posts Higher Sales, Profit in 1H/2019

Romanian state-owned pharmaceutical producer Antibiotice Iasi (ATB.RO) on Thursday reported total sales of RON172.3 million in the first half of the year, up 9%, and a net profit of RON22.3...

Oana Gavrila · 08.08.2019 · 10:49 · 1 min
Swine Fever Outbreaks Eat Away at Smithfield's Profit in Romania
Retail&Consumer

Swine Fever Outbreaks Eat Away at Smithfield's Profit in Romania

The Romanian division of Chinese-held Smithfield, the largest pork producer in Romania and globally, had a net profit of RON28 million in 2018, six times lower than in 2017, finance ministry...

Oana Gavrila · 07.08.2019 · 10:14 · 1 min
BRD Group Posts RON787M Net Profit in 1H
Banks-Insurance

BRD Group Posts RON787M Net Profit in 1H

BRD Groupe Societe Generale on Thursday said it recorded a net profit of RON787 million in the first half of 2019, compared with RON757 million in the same period last year, while its net ba...

Oana Gavrila · 01.08.2019 · 10:43 · 1 min