“During the first quarter of 2024, Lion Capital’s activity of asset management continued in the previously mentioned direction of focusing on calibrating the portfolio towards assets/financial instruments benefiting from an inflationary context, and continuing portfolio restructuring, by reducing exposures that do not fit the Fund’s investment strategy.”
The total comprehensive income as of March 31, 2024, is positive, amounting to RON186.4 million, and it is the result of recognizing within other comprehensive income of the fair value increase of the portfolio of financial assets classified as FVTOCI (Financial Assets at Fair Value through Other Comprehensive Income).
Lion Capital has a market capitalization of RON1.4 billion. Its shares have gained 7% since the beginning of the year, on a traded volume of RON73 million.
(English version by Loredana Fratila-Cristescu)