Hidroelectrica reports net profit of 589 million RON, down 56 percent in the first quarter
4 Articles
4 Articles
The smaller donor debt decreases by 56% the hydroelectric profit in T1/2025 to 590 million lei and incomes by 26% to 1.9 billion lei. Even so the results are over the budget, says the company.
The decrease of 38% of the electricity production of the Hydroelectric Company (H2O) at 2.735 GWh due to the small debt of Denmark, announced otherwise in the operational report from the end of April, was reflected as expected in the financial results published on Wednesday, but the company says they are still over the budget. Investors were expected in these reports in the context where the price of the shares was reduced by only 0.2% to 116.8 …
Hidroelectrica reports net profit of 589 million RON, down 56 percent in the first quarter
Hidroelectrica reports a net profit of 589 million RON, down by 56 percent in the first quarter, according to the financial report submitted to the Bucharest Stock Exchange. Hidroelectrica records operational and financial results above budget estimates, but down compared to the same period of 2024, the report shows. The difficult operational context, marked by unfavorable hydrological conditions, led to a 38 percent decrease in net electricity …
Coverage Details
Bias Distribution
- 100% of the sources lean Right
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage