OMV Petrom’s profit down 6% y/y in Q1.
OMV Petrom (BVB: SNP) announced that its net profit fell by 6% y/y in the first quarter (Q1) of the year, to RON 1.39 billion (EUR 280 million) as its revenue from sales dropped by 10% y/y to RON 8.54 billion. Consolidated sales revenues were negatively impacted by lower prices for natural (...)
[Read the article in Romania Business Insider]