BUSINESSCOMPANIESECONOMY

Simtel Team posts a turnover of 9.7 million lei in the first quarter of 2022, up 57% compared to Q1 2021

Simtel Team (BVB: SMTL), a Romanian engineering and technology company listed on the AeRO market of the Bucharest Stock Exchange, posts a turnover of 9.7 million lei in Q1 2022, an 57% increase compared to the same period last year and a net profit of 0.29 million lei, an 137% appreciation compared to the loss of 0.77 million lei recorded in Q1 2021. The company targets operating revenues of over 100 million lei for this year.

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