TeraPlast Group posts 58 pct growth in Q1 turnover

TeraPlast Group posted a Q1 turnover of 170.5 million RON - by 58 percent higher - mainly due to the start of production in new investment capacities, the company said in a Tuesday release."The net profit was 6.8 million RON, less than in the same period last year, yet a good result given the economic conditions completely different from 2021. The decrease from the record-high profit of Q1 2021 was the effect of the relative narrowing of the margin in the ...

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