trending Market Intelligence /marketintelligence/en/news-insights/trending/HpZcN1TKF2Vocf5eCsUt-A2 content esgSubNav
In This List

Casa de Bucovina Q3 profit falls YOY

Blog

Expand Your Perspective: Intelligence

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices


Casa de Bucovina Q3 profit falls YOY

Casa de Bucovina - Club de Munte SA said its third-quarter normalized net income came to 467,400 lei, a fall of 9.1% from 514,210 lei in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin dropped to 19.9% from 22.4% in the year-earlier period.

Total revenue climbed on an annual basis to 2.3 million lei from 2.3 million lei, and total operating expenses increased 5.1% from the prior-year period to 1.7 million lei from 1.6 million lei.

Reported net income came to 712,050 lei, compared with 790,500 lei in the year-earlier period.

As of Nov. 12, US$1 was equivalent to 4.13 Romanian lei.