SIF Muntenia profit goes down about 180 times in Q1

Transilvania financial investment company reported in Q1 a net profit worth 116,303 lei, almost 180 times lower than the one reported in the same period of 2008, when it stood at 20.842 million lei, according to the financial information sent to the Bucharest Stock Exchange (BVB).

Revenues went down 2.4 times as against the first months of 2008 and stood at 14.010 million lei and revenues grew 42.2 percent, up to 13.276 million lei.
On March 31, SIF4 had to retrieve claims worth 28.78 million lei and had to pay debts worth 122. 894 million lei.


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