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Bucharest
March 4, 2021
BUSINESS

DC’s profit, five times higher than estimates, in first nine months

The Central Depository (DC) reported, in the first nine months, a net profit of RON 5.3 M (EUR 1.2 M), over five times higher than profits estimated, for this interval, in the expenditure and revenue budget, of RON 1 M, Mediafax reports. The Depository made an almost RON 5.1 M (EUR 1.2 M) profit out of operations, compared to losses estimated for the first nine months, of RON 31,000, according to a DC release. The Central Depository reported a RON 14.3 turnover, 30 per cent higher than the target set at the beginning of the year. The transactions with Fondul Proprietatea shares, which, since March 2008, have been operated via the Central Depository, are one of the most profitable sources of revenue for the company.

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