Revenue in the third quarter of 2024 increased by 4% compared with the same period last year, mainly because of the higher demand from the construction and infrastructure market, driven by urban development projects and modernization of power grids in the first six months of the year.
Operating expenses for the third quarter of 2024 amounted to RON115.9 million, 13% lower than in the same period last year.
The operating profit for the period reached RON 21.2 million, an increase of 56% on the year-ago period, because of the implementation of efficient cost control measures and the reduction of raw material expenses, which facilitated the maximization of the profit margin.
(English version by Loredana Fratila-Cristescu)