Bucharest Stock Exchange’s profit down 10% in first quarter
The Bucharest Stock Exchange BVB ended the first quarter of the year with a net profit of RON 1.38 million (EUR 310,000), down some 10 percent year-on-year.
The net profit per share was of RON 0.18, down from 0.20 per share in the first quarter of 2013.
Its turnover was of RON 4.64 million in the first quarter (EUR 1.45 million), up 14.5 percent compared to the same period the year before, due to an improvement in the trading activity.
The operating profit was of RON 1.20 million (EUR 269,000), almost double against the first three months of 2013, on higher revenues, while the operating expenses went slightly up.
Irina Popescu, irina.popescu@romania-insider.com