Societatea Nationala De Transport Gaze Naturale Transgaz SA logo

TGN - Societatea Nationala De Transport Gaze Naturale Transgaz SA News Story

RON216.5 -2.5  -1.1%

Last Trade - 02/12/21

Market Cap £437.6m
Enterprise Value £727.2m
Revenue £220.1m
Position in Universe 75th / 804

Romania's Transgaz net profit up 18.2% y/y in H1

Aug 27 (Reuters) - Romanian state-owned gas pipeline
operator Transgaz  ROTGN.BX 
    
    * Says its net profit rose 18.24% on the year in the first
half of
this year to 231.2 million lei ($56.54 million).
  
    * Says its operating revenue before the balancing and
construction
activity, according to IFRIC12 edged 2.06% down from the same
2019 period, to 759 million lei.
    * Says that provided that gas transmission capacities
required to
transport the Black Sea gas to the Central-Western EU market
exceed the transmission potential of BRUA Phase II, Transgaz
envisages the development of the central corridor, which follows
the route of existing pipelines.
    


Further company coverage:  ROTGN.BX 




($1 = 4.0895 lei)

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