Fondul Proprietatea sees 2021 net profit of 5 bln-plus RON
Publicat:Fondul Proprietatea's audited net profit for the financial year ending December 31, 2021 was 5.012 billion RON, primarily due to the unrealized gain related to the 4.591 billion RON worth of equity investments at fair value through profit and loss generated by OMV Petrom as a result of the positive evolution of the company's share price in 2021 (increase of 537.1 million RON, 37.3 pct share price increase), as well as to the increase in the value of unlisted companies as a result of their valuation process (mainly due to Hidroelectrica SA, which saw a valuation increase of 3.912 billion RON).
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