In January through June last year, Transgaz posted a net profit of RON233.2 million.
Transgaz said total expenditure increased 20.4% on the year to RON582.46 million in the first half, largely due to a one-time charge of RON110.67 million in relation to the failed Nabucco West pipeline project, in which the company is a minority shareholder.
Overall revenues inched up 0.53% to RON769.2 million.
Gas transport fell by 5.51 million megawatt hours to around 66.65 million MWh in the first half, Transgaz said.
The company reported sales of RON739.3 million in January through June, up 2.9% from RON718.2 million in the same period a year ago.
Transgaz was listed on the Bucharest Stock Exchange at the beginning of 2008. The Economy Ministry owns a 58.51% stake, investment fund Fondul Proprietatea has almost 15% of its shares and the rest is distributed among minority shareholders.
Tuesday, Transgaz closed down 0.29% at RON186 a share. (EUR1=RON4.425)