The new budget envisages a full-year loss of 1.6 million lei (EUR0.35 million) in 2012, versus net profit of RON0.76 million previously estimated. In 2011, the bourse operator posted a loss of some RON0.6 million.
SIBEX expects total revenue of RON2.4 million this year, up 12% from RON2.6 million in 2011. Overall costs are estimated to increase 44% to RON4.2 million.
In its initial budget, the bourse operator had estimated full-year revenue of RON4.4 million and expenditure of RON3.7 million.
For the first nine months of 2012, SIBEX reported a loss of RON0.67 million, wider from RON0.26 million in the year-ago period. (EUR1=RON4.5317)