Societatea Nationala De Gaze Naturale Romgaz SA logo

SNGR - Societatea Nationala De Gaze Naturale Romgaz SA News Story

$8.7 0.0  0.0%

Last Trade - 24/11/21

Sector
Energy
Size
Mid Cap
Market Cap £2.22bn
Enterprise Value £1.63bn
Revenue £798.2m
Position in Universe 295th / 1786

Romgaz says reports Q4 net profit of 312.7 mln lei, 122% up from Q3

BUCHAREST, Feb 25 (Reuters) -    Romanian state-owned gas
producer Romgaz  SNG.BX  
    * Says recorded a net profit of 312.7 million lei ($78.18
million)
in the fourth quarter, against 95.5 million lei loss in Q4,
2019.
    * Says EBITDA was 355.7 million lei, down 43.98% on the
year.
    * Says its turnover fell 10.3% y/y in the fourth quarter to
1.16
billion lei.
    * Says preliminary 2020 gas production was 4.5 billion cubic
metres, 0.757 billion cubic metres lower than the
production recorded during the previous year (-14.35%) due to
the effects of the COVID-19 pandemic on the Romanian economy.

Further company coverage:  ROSNG.BX 




($1 = 3.9996 lei)

 (Reporting by Radu Marinas)
 ((radu.marinas@thomsonreuters.com; +40 21 527 04 33))
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