Revenue increased by 6% to RON17.26 million, while expenditure more than tripled to RON32.66 million, according to a report posted on the Bucharest Stock Exchange.
The brokerage firm posted losses from operations as well as from financial activity.
For last year, the company made provisions worth RON7.5 million, three timers more than in the previous year.
SSIF Broker is the only brokerage firm listed on the Bucharest Stock Exchange. Its largest shareholder is regional investment fund SIF Muntenia (SIF4.RO), with a 10% stake. Other shareholders include Ioan Cartiș with 8.25% and Intervalco Baia Mare with 5.21%.
The company ranks 11th among Bucharest Stock Exchange brokers, with a turnover of RON770.48 million and a 3.32% market share.
SSIF Broker shares closed down 0.76% Wednesday, at RON0.1171. (EUR1=RON4.3467)