Consolidated gross profit stood at RON3.9 million, down 58% compared with the first half of last year, while consolidated net profit reached RON2.4 million, down 70%.
Consolidated assets increased by 30% to RON445.9 million in the first half of the year, while total debt rose by 46%, as a result of the financing of photovoltaic projects under construction, in particular the Giurgiu project, and the more intensive use of short-term lines of credit to support working capital, Simtel says in its first half financial report.
(English version by Loredana Fratila-Cristescu)