Revenue dropped 32% on the year, to RON54.7 million, while expenditure narrowed by 5%, to RON32.9 million.
Fourth quarter indicators, however, are expected to soar, since the fund decided to sell its 6% stake in lender BCR to Erste Group Bank (EBS.RO).
SIF Banat-Crisana shares are suspended from trading since Wednesday, as shareholders convene. At the closing bell Wednesday, the fund’s shares were priced at RON0.7495. (EUR1=RON4.3497)