This was largely because of the expansion of energy supply and sales activities, as well as the continued implementation of ongoing EPC (Engineering, Procurement, and Construction) projects, according to a press release.
Revenue from operations reached RON152.1 million, up 93% from the first quarter of 2025.
In the first quarter of 2026, the group generated an EBITDA (earnings before interest, taxes, depreciation, and amortization) of RON0.6 million, compared with RON8.7 million in the same period of the previous year, while the consolidated net loss stood at RON3.8 million, compared with a consolidated net profit of RON5.8 million in the first three months of last year.
(English version by Loredana Fratila-Cristescu)