It said the drop in profit was determined by additional tax obligations.
Hidroelectrica delivered 8.95 Twh of electricity from its own production in the first half, compared with 9.08 TWh in the same period last year, while total electricity sales reached 9.62 TWh, up from 9.49 Twh in the first half of 2018.
Fondul Proprietatea assesses its 20% stake in Hidroelectrica at RON4.144 billion, which places the value of the state-owned company at a total of RON20.7 billion.