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AES Gener SA (ASG.SN)

ASG.SN on Santiago Stock Exchange

181.00CLP
15 Jul 2019
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Latest Key Developments (Source: Significant Developments)

Romanian Electrica's nine-month profit at 95 mln lei, down 80 pct y/y
Wednesday, 15 Nov 2017 

BUCHAREST, Nov 15 (Reuters) - Romanian state-owned power utility Electrica :Says recorded a nine-month net profit of 95 million lei ($24.17 million), down roughly 80 percent from the same period of last year, because of higher prices for purchased electricity..Says the average electricity purchase price in the third quarter was 67 percent higher compared with the same quarter of 2016..Says power markett discrepancies in the first two quarters negatively impacted the group, with most of its profit achieved in the third quarter..Says its operational income stood at 4.17 billion lei in January-September, 0.5 percent lower on the year..Says it distributed roughly 13 TWh of electricity in the first nine months, up 2.8 percent on the year, to 3.69 million clients. It also provided 7.4 TWh of power, a different service, down 8.7 percent on the year..  Full Article