EBITDA lost 57.5% and reached RON55.4 million, while net profit slid by 57.4% to RON52.8 million.
“The financial results achieved by TTS in the first 9 months of 2024 reflect changes in the regional economy, specifically the cessation of transit operations on the Danube for grains exported from Ukraine as well as the contraction of metallurgical activities,” reads the company’s report.
TTS shares have lost 37% since the start of the year.
(English version by Catalina Apostoiu)