Power utility EPCG recorded a net profit of 63 million euros in the first nine months, compared to an 88.6 million euros loss in the same period in 2022.
In the same period, EPCG’s net sales increased by 3% to 352.3 million euros and its operational expenditures dropped by 26.5% to 300.6 million euros.
The company’s short-term liabilities amounted to 127 million euros in the first nine months of 2023, while its long-term liabilities amounted to 64.3 million euros.
The company’s retained earnings at the end of Q3 2023 amounted to 126 million euros. Total assets of the company amounted to 1.314 billion euros at the end of September 2023, down 2 % compared to the end of 2022.