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Východočeská plynárenská - Profitability

Energy & Utility | Czech Republic | February 24, 2014
Excel Sheet

From its peak in 2008, when the Company reached total sales of nearly CZK 8.2 bil, the sales have been declining to CZK 5.84 bil reached in 2012. Declining prices of gas seem to be behind the negative development.

A similar trend could be seen on the profit side. While average net profit for the Company amounted to CZK 377 mil in the last decade, it was only CZK 163 and CZK 179 mil in 2011 and 2012, respectively