Romania: Electrica recorded 10 % lower profit in 2019

Romanian electricity supplier and distributor Elec-trica said that it has recorded a net profit in the amount of 43 million euros in 2019, which is some 10 % lower compared to the previous year.
The company’s operating profit fell to 48.4 million euros in 2019, from 54 million euros in 2018. Rev-enues rose to 1.3 billion euros 2019, compared to 1.16 billion euros in the previous year. Electrica’s total assets amounted to 1.61 billion euros at the end of 2019, up from 1.55 billion euros at end-2018.