In the first quarter of 2011, the company reported net profit of RON2.28 million and turnover of RON944,000.

Operating losses remained flat at RON1.06 million, while financial profit grew by 59% to RON5.3 million. In the similar period of 2011, SSIF Broker posted financial profit of RON3.35 million.

Regional investment fund SIF Muntenia (SIF4.RO) is SSIF Broker’s largest shareholder, with a stake of 12.53%. Other shareholders include Ioan Cartis, with 8.25%, and transport firm Intervalco Baia Mare, with 5.21%.

On Friday in Bucharest, the company closed down 0.41% to RON0.0976 per share. (EUR1=RON4.4265)