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Transgaz net profit down 56 pct in 2023

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Transgaz net profit down 56 pct in 2023

National Gas Transmission Company Transgaz recorded a gross profit of 198.679 million RON in 2023, down 238.795 million RON (-55%) compared to the previous year, while net profit was 159.962 million RON, down 205.793 million RON (minus 56%), according to preliminary data sent to the on Thursday.

Revenues from operating activities before balancing and construction activities were higher than those realized as of December 31, 2022 by 9% (plus 137.36 million RON) and totaled 1.712 million RON.

Revenues from international transport of natural gas and similar were…

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