TeraPlast Group sees 5 pct drop in 2023 turnover, yet net profit remains in positive territory
Wednesday, February 14, 2024
Teraplast Group's consolidated turnover in the financial year 2023 was RON 672 million, down 5 percent from the year before, mainly as an effect of the significant drop in the result of the Granules division. The net profit remained in positive territory, at RON 1.1 million, despite the year-end specific seasonality, the company said in a release on Monday.Exports accounted for 16 percent of the turnover, and TeraPlast Group products reached 22 countries in Europe, ...