Net profit reached RON70.8 million, down about 40% from the same period in 2022, according to the company’s financial report published Wednesday after the close of trading on the Bucharest Stock Exchange.

Transgaz is valued at about RON3.4 billion, after its shares have gained 13.2% in the past year on a traded volume of RON155.2 million. By comparison, the BET and BET-NG indices are up 2.6% and 0.05% over the period.

The shares have also gained 2.9% since the beginning of 2023, compared with an 11.3% rise of BET and a 14.4% rise of BET-NG.

(English version by Loredana Fratila-Cristescu)