Fondul Proprietatea ends 2023 with net loss of 896.1 million RON
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Fondul Proprietatea recorded a net loss of 896.1 million RON in 2023, compared to a net profit of 2.769 billion RON obtained in 2022, according to a company's report sent to the Bucharest Stock Exchange on Thursday.
"The losses related to the participations at fair value through profit or loss in 2023 were mainly determined by the decrease in the value of the participation in Hidroelectrica SA following its evaluation before the reclassification in the category of fixed assets held for sale based on the amounts that were to be collected during the IPO (impact 1.87 billion RON), this effect…
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