CEZ Romania: Net profit of 154mln lei in 2010

Net profit of CEZ Group in Romania has reached at the end of 2010 to 154 million lei (about 34.3 million euros), showing a slight decrease, and EBITDA rose to 376 million lei (about 88.2 million euros), announced on Thursday the company's financial manager, Leon Vrska, in a press conference. The explanation for the fact that EBITDA was higher and the net profit lower is that the company had a loss of income from deposits amid lower interest rates. On the other hand, the company had ...

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