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Romania's SIF Banat Crisana 11-mo profit jumps 81%

Dec 16, 2014, 12:59:06 PMArticle by Doinita Dolapchieva
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December 16 (SeeNews) - Romanian investment fund SIF Banat Crisana [BSE:SIF1] said its profit surged to 151.1 million lei ($42.2 million/33.8 million euro) in the first 11 months of the year.

Romania's SIF Banat Crisana 11-mo profit jumps 81%

Last year, the fund reported a profit of 83.5 million lei for the first 11 months.

Net asset value (NAV) rose to 1.6 billion lei at the end of November from 1.58 a year earlier, the fund said in a financial statement filed with the Bucharest Stock Exchange on Monday.

NAV per share climbed to 2.9217 lei from 2.8792 lei at end-November 2013.

SIF Banat Crisana had 181 companies in its portfolio at the end of November, including 71 listed on the regulated market.

(1 euro = 4.4735 Romanian lei)

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