Hidroelectrica's net profit up by 42 pct in the first nine months of 2023
Publicat:Hidroelectrica's net profit up by 42 pct in the first nine months of 2023Hidroelectrica Group recorded a net profit of RON 5.184 billion in the first nine months of 2023, up 42% from RON 3.648 billion in the same period last year, shows data submitted to the Bucharest Stock Exchange (BVB).
The energy produced and sold (net) increased by 38% to 14,101 GWh, with net production by 22% higher in the third quarter of 2023, year-over-year.
"Considering the 38% surplus production compared to the same period of the previous year, together with the new wholesale market operating conditions (with…
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