net profit

Romania: Romgaz H1 2025 net profit falls 8.6% as gas deliveries and market share rise Read More »

Romania: Romgaz H1 2025 net profit falls 8.6% as gas deliveries and market share rise

Romgaz posted a consolidated net profit of 336 million euros in the first half of 2025, a decline of 8.6 percent compared to the same period in 2024, representing a drop of 31.6 million euros. However, second-quarter profit rose 23.04 percent year-on-year. National gas demand grew by about 4 percent in the first six months […]

Romania: Nuclearelectrica grows profit in H1 2025 despite higher Energy Transition Fund costs Read More »

Romania: Nuclearelectrica grows profit in H1 2025 despite higher Energy Transition Fund costs

Nuclearelectrica posted a net profit of around 174 million euros in the first half of 2025, marking a 2.8 percent increase compared to the same period last year. EBITDA edged down by 0.5 percent, mainly due to a sharp rise in the Contribution to the Energy Transition Fund (CFTE), which climbed by roughly 100 million

Croatia: INA reports 2024 net profit of 156 million euros and approves 120 million euro dividend distribution Read More »

Croatia: INA reports 2024 net profit of 156 million euros and approves 120 million euro dividend distribution

Croatian oil company INA presented its consolidated and unconsolidated financial reports for 2024 at this week’s General Assembly meeting, alongside the independent auditor’s report. In 2024, INA reported a net profit of just over 156 million euros. From this amount, about 7.8 million euros will be placed into statutory reserves. The company plans to distribute

Croatia: INA Group posts strong Q1 2025 results with 197% surge in net profit Read More »

Croatia: INA Group posts strong Q1 2025 results with 197% surge in net profit

INA Group reported a net profit of €35.4 million in the first quarter of 2025, reflecting a sharp 197% increase compared to the same period in 2024. The company’s net sales revenue rose by 14% year-on-year to €916.3 million, while clean CCS EBITDA (excluding special items) climbed 38% to reach €88 million. Capital investments for

Montenegro: CGES reports decline in net profit for 2024, despite reduced operating expenses Read More »

Montenegro: CGES reports decline in net profit for 2024, despite reduced operating expenses

Montenegrin electricity transmission system operator, CGES, reported a net profit of 24.8 million euros in 2024, marking a decline from the previous year’s net profit of 35.7 million euros. The company’s net sales for the year amounted to 97.7 million euros, a 9.9% decrease compared to 2023. Despite the drop in revenue, operating expenses were

EPS doubles its profit in Q1 Read More »

EPS doubles its profit in Q1

The Board of Directors of Elektroprivreda Srbije (EPS) Joint Stock Company adopted the Report on the three-year business plan implementation for the first quarter of 2024, revealing that the company’s profit reached 28.3 billion dinars. This figure is twice as high as projected, EPS announced today. The profit marks a five percent increase compared to

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