On March 31, 2023, the company reported a loss of RON3.3 million as a result of the companies in its portfolio failing to distribute dividends in the first quarter of 2023, as compared to a profit of RON60.1 million in the same period of 2022.
Revenue neared RON415,000 in January-March 2023, from RON66.7 million in the year-earlier period, while expenses climbed to RON3.6 million from RON3.2 million.
SIF Oltenia’s ten main holdings are in Banca Transilvania (TLV), BRD SocGen (BRD), OMV Petrom (SNP), Lion Capital (LION), Antibiotice Iași (ATB), Argus (UARG), SIF Muntenia (SIF4), Flaros (FLAO), Transgaz (TGN) and Romgaz (SNG).
SIF5 shares have been trading down 7.4% over the last year, amid deals worth RON112.7 million. SIF Oltenia has a market capitalization of RON850 million.