In 2011, the market operator reported net profit of some RON17 million.
The stock exchange said operating profit fell to RON4.01 million in 2012, from RON6.4 million in 2011.
“The result was influenced by the lower number of trading days in 2012 compared to 2011 and by a one-time impairment of RON0.95 million due to VAT corrections for data dissemination services,” the exchange said in its preliminary financial report.
Sales revenue decreased 19.5% on the year to RON17.5 million, mainly due to lower revenue from trading activities. The decline was partly compensated by higher revenues from admittance and maintenance fees, the report noted.
Overall trading in the stock market, including the Deal segment, fell 30.8% to RON7.27 billion in 2011, from RON10.5 billion in the previous year.
“Fondul Proprietatea (FP.RO) remained the most traded issuer, with 46% of the total turnover, followed by BRD Gr-Soc Gen (BRD.RO) with 8%, SIF Transilvania (SIF3.RO) and OMV Petrom (SNP.RO), each with 7% of the total trading value, and SIF Moldova (SIF2) with 6%,” the market operator said.
The Bucharest bourse’s results are non-consolidated, unaudited and computed under local accounting standards.
At around 12:30 pm, the bourse’s shares traded down 0.28% at RON21.39, amid a mixed market. (EUR1=RON4.397)