trending Market Intelligence /marketintelligence/en/news-insights/trending/NJOvl6oHWBethzKvvPqEzg2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

SC Boromir Prod Q1 profit falls YOY

Capital Markets View – February 2021


TMT News & Insights: February 2021


Whats on the Horizon for the Cruise Hotel Resorts Sector


Latin America multichannel broadband market 2020 recap

SC Boromir Prod Q1 profit falls YOY

S.C. Boromir Prod SA said its first-quarter normalized net income amounted to 1.0 million lei, a decrease of 8.2% from 1.1 million 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 increased to 6.4% from 2.4% in the year-earlier period.

Total revenue fell 65.0% year over year to 15.9 million lei from 45.5 million lei, and total operating expenses decreased 67.3% year over year to 14.3 million lei from 43.7 million lei.

Reported net income fell 12.3% on an annual basis to 1.6 million lei, or 1 bani per share, from 1.8 million lei, or 1 bani per share.

As of May 19, US$1 was equivalent to 4.02 Romanian lei.