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Nuclearelectrica H1 net profit up by almost 60 pct YoY

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Nuclear power producer Nuclearelectrica posted a net profit of 290.661 million lei in H1 2019, by 59.4 percent higher compared to the same period of the year before, shows company financial data sent on Wednesday to the . "In the six months ended on June 30, 2019, National Company Nuclearelectrica made a net profit of 290,661 thousand lei. Operating profit (EBIT) was 69.2 percent higher and EBITDA was 31.1 percent up YoY, mainly as a result of the 20.1 percent increase in operating revenues, driven by the 22 percent rise in revenues from the electricity sales," the company…

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