It said its revenue from exploitation dropped 16%, to RON535 million.
The company’s debt grew to RON1.6 billion in the first quarter from RON1.5 billion at the end of December 2017.
It said its total assets grew to RON5.56 billion, 6.38% higher compared with end-2017.
Transgaz expects total revenues of RON2.5 billion for the full year, 25.4% higher than in 2017, and a net profit of RON213 million, 58.5% lower than in 2017.
It is 58.5% owned by the Romanian state.