Loading ...Romgaz scored a net profit worth 442 million lei, namely about 119.5 million euros, during the first nine months of the year, by 77.62% higher than during the same time span last year, Company’s release says.
Romgaz turnover went up by 4.35% and amounted to 2.388 billion lei (round 645 million euros), over Jan-Sept 2008, compared to that over the first eight months of 2007.
Romgaz turnover went up by 4.35% and amounted to 2.388 billion lei (round 645 million euros), over Jan-Sept 2008, compared to that over the first eight months of 2007.
The increase in the turnover is the result of the growth in the quantity of methane Romgaz supplied, and the rise in the delivery price.
The increase in the net profit is the outcome of the cuts in the (material, financial and adjustment) expenditure and in the non-deductible expenses. Consumed resources scored an efficiency of 32%, during the first nine months of 2008, than 22% during the same period of 2007.
The increase in the net profit is the outcome of the cuts in the (material, financial and adjustment) expenditure and in the non-deductible expenses. Consumed resources scored an efficiency of 32%, during the first nine months of 2008, than 22% during the same period of 2007.
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