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H2O — Societatea de Producere a Energiei Electrice in Hidrocentrale Hidroelectrica SA News Story

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Romania's Hidroelectrica profit drops 35% in 2024 on lower production

Feb 26 (Reuters) - Romanian state-owned power producer Hidroelectrica ROH2O.BX reported a fall of 35% in yearly net profit on Wednesday, citing lower electricity generation, sales volumes, and selling prices.

The company posted net profit of 4.12 billion lei for the year, down from 6.37 billion in 2023.

 (Reporting by Antonis Pothitos; Editing by Clarence Fernandez)

 ((antonis.pothitos@thomsonreuters.com; +48 58 769 65 78;))

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