In the first six months of 2013, the company reported a net profit of RON102.74 million.
Transelectrica posted earnings before interest, taxes depreciation and amortization, or EBITDA, of RON420.57 million in January through June, up 41.3% on the year.
Earnings before interest and taxes, or EBIT, rose 93.6% to around RON129 million, the company said in its financial report.
Total revenues increased to RON1.31 billion in the first half, from RON1.11 billion in the year-ago period.
Revenues from transport services were up 8.2% on the year to RON620.4 million, fueled by higher average tariffs.
Transelectrica delivered 25.45 million megawatt-hours of electricity during the first half of 2014, down from 26.21 million MWh a year ago.
The results are unaudited, unconsolidated and computed under international accounting standards, or IAS.
Transelectrica is 58.69%-owned by the state, through the government’s General Secretariat.
At noon Thursday, Transelectrica traded up 2.84% at RON22.42 a share. (EUR1=RON4.4347)