Romania's TeraPlast reports stronger Jan-Sep revenues amid regional expansion
Romanian industrial group and Bucharest Exchange blue chip TeraPlast (BVB: TRP), involved this year in an extensive expansion abroad, announced its revenues increased by 32% y/y, driven by more extensive operations out of the country, to…
iulian ernst · Journalist
· Updated · 2 min read
Romanian industrial group and Bucharest Exchange blue chip TeraPlast (BVB: TRP), involved this year in an extensive expansion abroad, announced its revenues increased by 32% y/y, driven by more extensive operations out of the country, to RON 681 million (EUR 136 million) in January-September.
Its profitability, however, deteriorated amid a "challenging environment": the bottom line moved from a RON 6.8 million net profit in the first nine months last year to a RON 7 million loss. Still, the company assures that it is "solidly positioned to approach this period with maturity and responsibility."
