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Romania’s SIF 1 Banat Crisana Jan-Sept net profit soars 375%

Nov 5, 2012, 11:05:03 AMArticle by Mariya Stanimirova
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BUCHAREST (Romania), November 5 (SeeNews) – Romanian investment fund SIF 1 Banat Crisana [BSE:SIF1] said on Monday its net profit in the first nine months of 2012 went up by 375.16% to 97.93 million lei ($27.76 million/21.62 million euro).

Romania’s SIF 1 Banat Crisana Jan-Sept net profit soars 375%

Following is data from SIF 1 Banat Crisana's income statement, filed with the Bucharest Stock Exchange, BVB, (in millions of lei):

Jan-Sept'12 Jan-Sept'11
Net Profit 97.93 20.61
Gross Profit 116.61 21.76
Total Revenue 141.75 54.72
Total Costs 28.13 32.95

(1 euro = 4.5289 Romanian lei)

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