The net profit of JSC Termoelectrica in 2018 amounted to 185.4 million lei, increasing by 4.8 times compared with 2017 (38.06 million lei).
According to the annual financial statements of the company, its sales increased over the previous year from 2.38 billion to 2.57 billion lei (+ 7.9%), and the cost of sales decreased from 2.3 billion to 2.2 billion lei ( -2.1%). The company's commercial expenses increased from 23.3 million to 28.4 million lei (+ 21.9%), while administrative expenses decreased from 70.5 million to 58.3 million lei (-17.3%) . The total assets of JSC Termoelectrica last year grew by 4.2% - from 5.46 billion to 5.69 billion lei. In particular, long-term assets increased from 4.05 billion to 4.06 billion lei (+ 0.2%), and current assets grew by 15.6% - from 1.41 billion to 1.63 billion lei. The authorized capital of JSC Termoelectrica at the end of 2018 was 554.05 million lei. Termoelectrica is engaged in the production, distribution and distribution of heat energy, as well as the production of electricity. The sole owner of the shares of the company is the Public Property Agency. // 25.04.2019 - InfoMarket.