SIF Oltenia net profit doubles in 2009

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Financial Investment Company SIF 5 Oltenia reported a net profit of 187.333 million lei in 2009, twice as much as a year earlier, when its net profit stood at 86.743 million lei, according to preliminary official information conveyed to Bucharest Stock Exchange. (1 euro trades for 4.1 lei).

As well, in 2009 both company revenues and spending doubled, amounting at 261.868 million lei, respectively at 69.327 million lei. Over the reference period receivables stood at 2.839 million lei and debts at 68.695 million lei.

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