At the same time, Fondul Proprietatea reported net profit worth RON1.8 billion in June 30, 2021, compared with RON848.6 million losses in the same period of last year.
The main contributor to the profit in the first six months of 2021 was the net unrealised gain from equity investments at fair value through profit or loss amounting to RON 1,189.6 million, generated by OMV Petrom SA as a result of the positive evolution of this company’s share price during the first semester of 2021 (increase of RON 243.8 million, share price increase of 16.9%) and by the increase in the value of unlisted holdings in the portfolio following the valuation update process (mainly due to Hidroelectrica SA, that registered an increase in valuation of RON 909.7 million), reads the 1H report.
In April 28, 2021, shareholders approved the distribution of a gross special dividend of RON0.072 per share. Fondul started dividend payments in June 22, 2021.
The total value of gross revenue from dividends Fondul registered during the six-month period stands at RON655.1 million.
FP shares have risen by 26.2% from the start of the year amid deals worth RON631.8 million, with the issuer having a RON13.2 billion capitalization, in line with BSE data.
(English version by Catalina Apostoiu)