AcasăRomania & Moldova NewsBVB Group posts 97% higher net profit for 2022

BVB Group posts 97% higher net profit for 2022

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The Bucharest Stock Exchange Group posted a 97 percent higher net profit for 2022, at 10.43 million RON, while the profit of the Bucharest Stock Exchange (BVB) amounted to 11.04 million RON, up 34 percent from 2021, shows the financial report released on Friday, according to Agerpres.

The group’s financial results were influenced by the positive developments in all business segments, BVB said.

The operating profit of the BVB Group increased more than twofold to 8.79 million RON, as operating revenues stood at 56.54 million RON, by 22 percent higher, and operating expenses advanced 10 percent to 47.75 million RON.

As of December 31, 2022, BVB had total assets worth 121.29 million RON, up 3 percent compared to December 2021, total liabilities of 9.35 million RON (up 4 percent), and 3 percent higher equity compared to December 31, 2021, at 111.94 million RON.

The net individual profit of the Central Depository amounted to 4.31 million RON in 2022, up 82 percent year-over-year, as a result of the positive impact of the operational and financial results.

On the other hand, the Central Counterparty (CCP.RO) reported for 2022 a net loss of 3.38 million RON, a better result however compared to the previous period (4.70 million RON in 2021), due to the evolution of the operational loss, the cited source said.

The Central Depository, of which the BVB owns 69.04 percent, performs clearing/settlement transactions for the financial instruments traded on the BVB and maintains the shareholders’ registry, while CCP.RO Bucharest, owned in proportion of 54.72 percent by BVB, was registered with the Trade Register on November 4, 2019 and acts as central counterparty on the derivatives market.

Agerpres

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