Net consolidated profit dropped 62% from RON8.76 million on June 30, 2022, directly influenced by the evolution of the operating result.
The group’s consolidated operating profit in 1H/2023 reached RON600,000, from RON8.21 million in the same period of last year, an evolution generated by the decrease in trading segment operating revenues and advance of consolidated operating expenses.
At group level, financial results were influenced by the evolution of the capital market and Group projects – Central Counterparty project from Romania enteres in a new stage of authorization and implementation.
At an individual level, results were marked by the volumes traded on a market waiting for the Hidroelectrica IPO.
BVB shares hit a new all-time high last month, currently trading at RON54.2 per share, after a 95% increase in the past 12 months amid RON400 million capitalization.
In 2023, BVB is the third best performing share in BET index, with a 53.5% advance.
At the same time, the bourse operator in June paid RON10.4 million in the account of 2022 dividends.
Expectations for 3Q/2023:
Hidroelectrica IPO success pushing the interest towards the market and the traded volumes to record highs.
Romania’s weights in FTSE Emerging and MSCI Frontier to increase based on Hidroelectrica fast admission.
On May 26, 2023, the General Meeting of Shareholders of CCP.RO approved the increase in share capital by the amount of RON3.875 million. The process is in progress.
(English version by Catalina Apostoiu)