The company’s total revenue in the first quarter of 2026 reached RON120.6 million, only RON305,694 of which came from current operations – support services provided to Veranda Obor SA under a 2017 contract. The remainder, RON120.3 million, represents financial income, generated primarily by the repurchase of 7,182,500 shares held by PPLI in the subsidiary, at a price determined based on an independent valuation report.
According to the quarterly report, the transaction was approved by two extraordinary general meetings of Veranda Obor SA, in December 2025 and February 2026, and generated financial income of RON119.6 million.
The financial expenses related to the transaction stood at RON71.8 million, so the net profit reflects the net gain from the transaction.
PPLI’s largest shareholders are Evergent Investments (31.42%) and SC Nord SA (31.08%), according to data as of January 20, 2026.
(English version by Loredana Fratila-Cristescu)