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TGN Societatea Nationala de Transport Gaze Naturale Transgaz SA News Story

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Romania's Transgaz nine-month net profit down 9.0% y/y

BUCHAREST, Nov 13 (Reuters) - Romanian state-owned gas
pipeline operator Transgaz  ROTGN.BX 
    
    * Says its net profit fell by 9.0% on the year in the first
nine months to 204.8 million lei ($49.68 million).
    * Says operating revenue before construction activity,   
according to IFRIC12 fell 7% on the year to 1.01 billion lei,
driven by lower transport tariffs and gas volumes.
    * Says it ran a net loss of 26.37 million lei in the third
quarter.
    * Says earnings per share fell to 17.39 lei ($4.22) per
share in the first nine months from 19.08 lei in the same period
of last year.
Further company coverage:  ROTGN.BX 
($1 = 4.1220 lei)

 (Reporting by Luiza Ilie)
 ((luiza.ilie@thomsonreuters.com; +4021 527 0312; https://www.reuters.com/journalists/luiza-ilie))

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