Electroarges swings to net loss in Q1
Wednesday, May 25, 2022
The household appliance manufacturer Electroarges [BSE:ELGS] said on Monday it booked a 184,341 lei ($39,600/37,200 euro) net loss over the first quarter of 2022, compared to a 1.65 million lei net profit in the same period last year. The company’s turnover fell by an annual 60% to 39.9 million lei during January-March, it said in a financial report filed to the Bucharest Stock ...