SSIF Broker ends Q1 with losses worth 2.3m lei

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The company of financial investment services (SSIF) Broker Cluj reported losses worth 2.297 million lei in Q1 of 2009 as against a profit worth 1.426 million lei in the same period of the previous year, according to the financial information sent to the Bucharest Stock Exchange (BVB).

The value of net turnover stood at 468,784 le i, up over three times as against January-March
2008.

The company’s revenues totalled 1.058 million lei (7.4 times lower as against the first three months of 2008) and expenditures 3.356 million lei (down 46.6 percent).

On March 31, SSIF Broker reported total debts worth 1.58 8 million lei and claims worth 4.486 million lei.

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