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Nuclearelectrica posts 27.8 pct higher profit in 2020

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Energy producer Nuclearelectrica, the operator of the Cernavoda nuclear power plant, closed last year with a net profit of 684.7 million lei, by 27.8 percent higher compared to 2019, according to a company statement issued on Thursday, according to AGERPRES.

The company's energy output was 10,558 GWh, up 2 percent from the year before.

EBITDA amounted to 1.3 billion lei, by 10.6 higher, while the EBIT increased by 21.8 percent to 766.4 million lei.

Operating revenues were also 3.4 percent higher at 2.5 billion lei, with proceeds from electricity sales standing at 2.4 billion

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