Energy | 12 August, 2024 at 8:35 AM
MOL Group profit before tax reaches $916 million in H1 2024
Consumer Services' results increased predominantly thanks to higher fuel sales volumes and the improvement in non-fuel margin.
Consumer Services' results increased predominantly thanks to higher fuel sales volumes and the improvement in non-fuel margin.
Personal financial planning remains a constant growth driver in Raiffeisen Bank Romania's long-term strategy. In the first half of 2024.
tbi's profit for the first six months of 2023 has already been capitalized upon approval by the Bulgarian National Bank at the end of 2023.
Operating profit amounted to RON 5 million, a 29% increase over Q1 2023, while net profit was RON 2.2 million, a 62% rise.
Thanks to continuous and prudent lending policies, provisions were still low at approximately RON 58 million, but higher than in the same period last year.
Simtel Team posted, at consolidated level, operating revenues of RON 45.9 million in the first quarter of 2024, down 30% compared to the same period last year.
tbi bank's consolidated unaudited financial results for the first quarter of 2024 show net profit of €11.3 million – almost 40% higher than the profit in Q1 2023.
Total assets reached €4.7 billion at the end of the first quarter, up 8% compared to the first quarter of 2023.
MOL Group Profit before tax reached $382 million in the first quarter of 2024, 18% and 29% lower quarter-on-quarter and year-on-year.
Capital ratio climbed to 23,36% underscoring the institution's financial strength, providing a solid foundation for future growth and stability.
One United Properties posts a consolidated turnover of €84.3 million for Q1 2024, a 5% decrease compared to Q1 2023.
In 2023, Digi Communications registered €1.7 billion in consolidated revenues (+13% YoY) and an adjusted EBITDA of €591.2 million (+17% YoY).
At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking application.
BRD individuals' loan production touched a new record level, RON 2.35 billion in Q1 2024, +43% YoY, building on consumer loans' best quarter ever, with a growth of +51% YoY.
AROBS Transilvania Software targets a consolidated turnover of RON 494.9 million and a net profit of RON 48.8 million.
Simtel Team targets in 2024 at the consolidated level, operating revenues of RON 394 million, EBITDA of RON 49 million and a net profit of RON 35 million.
The company estimates double-digit increases, both in terms of top line (sales of RON 1.64 billion, +12.2%) and bottom line (normalized net profit of RON 95.7 million, +20.1%);
The consolidated gross profit target is €123.5 million, 15% higher than the result for 2023, while the net profit is estimated to reach €105 million in 2024.
he Group's total revenue was RMB271.0 billion, while its adjusted net profit surged by 126.3% to reach RMB19.3 billion.
SIPEX,one of the largest distributors of construction and finishes materials from Romania, announces the preliminary financial results for the year 2023.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Engie Romania has announced the acquisition of a 54 MW wind farm project in Mereni, Constanța. The deal contributes to the company's goal of reaching 1 GW of installed capacity.