In January through September 2012, the market operator reported net profit of RON9.4 million.

The exchange said operating expenses rose 10.6% on the year to RON10.15 million in the first nine months of 2013, largely due to higher personnel expenses and increased costs with third-party services, including consultancy and legal fees.

Operating profit declined 25% to RON3.6 million, from RON4.8 million in the year-ago period.

Revenue from sales fell 2.5% to RON13.63 million, the exchange said in its financial report.

End-September, the market operator had assets worth RON99.64 million, up 1.7% from RON97.98 million in December 2012.

The exchange’s main indices rose 17% in the first nine months of 2013, with the bourse’s own shares gaining 23% year-on-year.

At around 12:40 pm, the bourse’s shares traded up 1.42% at RON27.19 a share. (EUR1=RON4.4331)