Fondul Proprietatea reports profit of almost 2bln lei, nine months into 2019
Publicat:Fondul Proprietatea reported a net profit of 1.936 billion lei in the first nine months of 2019, up 103.7% from the same period last year, according to a quarterly report submitted on Friday to the Bucharest Stock Exchange (BVB). The main contributors to the profit recorded in the first nine months of 2019 were the gross annual dividend income of RON 723.4 million, and the positive net change in fair value of equity investments classified at fair value through profit or loss of RON 1,267.9 million, mainly related to OMV Petrom SA, as a result of the positive evolution of the share price of…
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