Acasă » General Interest » Transgaz reports a 97% increase in net profit in 2022

Transgaz reports a 97% increase in net profit in 2022

28 February 2023
General Interest
energynomics

Last year Transgaz obtained a net profit of 368.689 million lei, an increase of 97% compared to 2021’s figure, which was of 186.941 million lei, according to the preliminary individual financial statements on December 31, 2022, published on Tuesday on the website Bucharest Stock Exchange (BVB).

The preliminary gross profit on December 31, 2022 is higher by 84%, i.e. by 201.258 million lei compared to the level achieved on December 31, 2021.

The revenues from the exploitation activity before the balancing and construction activity according to IFRIC12 increase by 15% compared to the achievements on December 31, 2021, registering an increase of 210.675 million lei, according to Agerpres.

Transgaz’s financial revenues last year amounted to 461.287 million lei, being 255% higher compared to those obtained in 2021.

Operating expenses before balancing and construction activity according to IFRIC12 also increase by 15% compared to December 31, 2021, their level being 182.383 million lei higher.

The company’s personnel expenses last year amounted to 26.992 million lei.

Financial expenses registered an increase of 158.308 million lei mainly due to the expenses related to the transferred financial assets (108.667 million lei), interest expenses (38.398 million lei) and expenses with exchange rate differences (8.962 million lei ). Thus, financial expenses were 183.446 million lei in 2022, compared to 25.138 million lei, practically an increase of 630%.

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