Fondul Proprietatea registered profit of RON571.34 million in January-October 2012.
The fund’s net assets fell 0.29% in October, to RON14.87 billion, from RON14.92 billion in September.
End-October, the fund’s investments in state treasuries reached RON473 million, down 1.8% from RON482 million in September.
Proprietatea’s stakes in companies in Romania accounted for 99% of its net assets in October (compared to 99.11% in September), and the difference of 1% represents the fund’s stakes in companies listed in Austria
The oil and gas sector had the largest weight in the fund’s assets in October, with 41.9%, from 42.07% in September. Some 21.39% of Proprietatea’s assets are in the electricity production sector.
Fondul Proprietatea also published Thursday its financial results for the first nine months of 2013. The fund’s overall revenues reached RON924.58 million in January-September, up 7.35% from RON861.22 million in the same period in 2012. Its costs rose 36% to RON389.38 million in the first nine months, from RON286.3 million in the same period a year ago.