In the first six month of 2011, SIF Oltenia posted revenue of RON46 million.
The fund cashed in total dividends worth RON34.8 million in January through June, 58% higher on the year. Revenues from holdings sold on the Bucharest bourse amounted to RON49.3 million.
The fund said overall costs doubled to RON28.7 million in the first six months of 2012.
Net profit stood at RON54.2 million, almost double from RON29.4 million in the same period of 2011. The figure is unchanged from a monthly report published in July.
End-June, the fund reported net assets worth RON1.51 billion, up 6.7% from RON1.41 billion at the end of 2011.
Monday, SIF Oltenia closed up 1.74% at RON1.29 a share in Bucharest. (EUR1=RON4.5307)