The company’s total revenues were flat in 2012, to RON17.6 million, while expenditures were down 49%, to RON16.84 million.
SSIF Broker registered a profit of RON5.6 million in 2012 from financial activities, on the backdrop of valuing some shares in its portfolio, of the cashed dividends and of the earning from structured products. In 2011, the company’s financial loss stood at RON6.9 million.
SSIF Broker ranked 10th among the brokers on the Bucharest Stock Exchange in 2012, with a 3.3% market share.
Regional investment fund SIF Muntenia (SIF4.RO) is SSIF Broker’s largest shareholder, with a stake of 12.52%.
On Friday in Bucharest, the company closed down 0.99% to RON0.13 per share. (EUR1=RON4.3885)