The increase was generated by the group’s all business lines.
Revenue generated by BSE, which represents the group’s trading segment, reached RON12.97 million (excluding intra-group transactions) in January-June 2017, up 57% from the same period in 2016.
Revenue on the post-trading segment grew 20% on the year in the first half of 2017, due to BSE’s increased trading activity which led to a 22% increase in local deduction revenue and to 15% rise in revenue from admitting and keeping participants in the compensation-deduction system.
BSE Group’s operating expenses stood at RON14.31 million in the first half of 2017, up 11% from the same period a year before.
On June 6, 2017, BSE distributed dividends from its 2016 net profit in the amount of RON7.06 million, which represents 100% of its net profit after reserves. The gross dividend approved for 2016 was RON0.92028 per share.
BSE shares rose 37% in the first six months of 2017, above the market average.