November 21, 2017

Petrom registers net profit of 2,393 Bilion Ron in H1 2013

According to data released on Tuesday by Petrom Group, the company registered in the first half of this year a net profit of 2.393 billion lei. That is 18 % higher compared to at the same period last year. In the second quarter of the year the Group’s net profit was 1.061 billion lei, increasing by 65 % from the second quarter of 2012, when the result amounted to 643 million lei. Sales totaled 11.576 billion lei in the first half of the year, being 5 % lower compared to the first six months of 2012. In the second quarter, sales fell 7 %, compared to the second quarter of last year. Petrom Group operating profit calculated before interest and taxes (EBIT) recorded an increase of 10 % in the first half of the year, totaling 2.97 billion lei.
Source: News Romania (read more)

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