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Bucharest
October 21, 2021
ECONOMY FINANCE&BANKING

S.I.F. Oltenia closed Q1 with 1.52 million lei net profit, 5.7 times lower

Oltenia Financial Investment Society (S.I.F. 5) closed this year’s first semestre with a 1.528 million lei net profit, 5.7 times lower than the one in last year’s similar period, of 8.725 million lei, according to data remitted to the Bucharest Stock Exchange.

Dividend income amounted at the end of March to 82,577 lei, and the interest one to 7,486 lei. The net earnings from assets’ sale totaled up to 3.556 million lei in the first trimestre, and the earnings from the exchange rate differences to 11.8087 million lei.

On March 31, S.I.F. 5 had total assets of 1.78 million lei and 211.487 million lei debts.

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