CEZ Distribution Bulgaria, electricity distribution company which is a subsidiary of Czech energy group CEZ, recorded a consolidated net profit in the amount of 5.8 million euros in the first quarter of 2017, almost twice as high compared to 3.4 million euros in the same period last year.
The company’s total revenues increased to 62.8 million euros in the first three months of the year, from 57.4 million euros recorded in the same period a year before. At the same time, total expenditures rose to 56.2 million euros, compared to last year’s 53.7 million euros.
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