Last year, the company posted RON295.6 million turnover and net profit worth RON27.4 million. Operating revenue reached RON291 million. Thus, the revenue and expenses budget for 2024 indicates 35% growth for operating revenue and a 28% increase in net profit.
As regards electricity production, in 2024 Simtel bets on the potential of own photovoltaic parks the company is developing and operating. The group currently owns six such parks under various stages of implementation.
Simtel has a RON473.3 million valuation after its shares have gained 126% in the past year amid deals worth RON47.3 million.
(English version by Catalina Apostoiu)