The company posted revenue of RON62.2 million, up from RON23 million in the year-ago period, 170.7% higher year-on-year, while expenses rose 132.8% to RON60.3 million, according to ZF’s calculations based on data from the half-year report.
Net turnover reached RON74.8 million on June 30, up 202% on the back of “the number of wells drilled in 2022 for the beneficiary OMV Petrom at the expense of the lack of work performed for Romgaz,” the report says.
At the same time, the company’s assets decreased from RON145.1 million to RON120.7 million, down 17%, and the number of employees reached 289 in the first six months, down 5.2%.
(English version by Loredana Fratila-Cristescu)