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OMV Petrom posts net profit down 70% in first nine months

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The OMV posted in the first nine months of this year a net profit of 826 million lei, down 70% compared to the same period of last year, the results being affected by the Covid-19 crisis, according to a release sent on Thursday to AGERPRES.

At the same time, sales revenues decreased by 17%, to 15.1 billion lei.

Also, investments were also by 15% lower, reaching 2.4 billion lei.

In the first nine months, the company's contribution to the state budget was 7.2 billion lei, including dividends worth 360 million lei paid to the Romanian state.

"The global outbreak…

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