The company generated net profit of almost RON820 million, up 249% from the RON234 million reported in the same quarter of 2021, and RON1.86 billion revenues, 165% higher.
The revenues obtained from the electricity market related to the deliveries of electricity in Q1 2022 are of RON1,845,170,740, higher by 26.3% than the budget revenues for Q1 2022, and 170% higher than the results from Q1 2021, respectively, reads the company’s report filed with the Bucharest Stock Exchange.
The company has a RON12.5 billion capitalization after a 48% stock rally in the past 12 months.
(English version by Catalina Apostoiu)