BVB Group reports RON 5.48 ml in Q2 net profit

The Bucharest Stock Exchange (BVB) Group reported a consolidated net profit of RON 5.48 million for Q2 2024, up 244 percent from the RON 1.59 million recorded in the same quarter of the previous year, and 85 percent higher than in Q1 2024.

BVB Group's consolidated net profit in H1 advanced 152 percent to RON 8.44 million, and its consolidated operating profit reached RON 7 million, by RON 6.85 million more compared to the previous period, mainly due to the positive evolution of revenues in all of the group's business segments.

As of June 30, 2024 the group's total consolidated assets amounted to RON 246.53 million, up 4 percent or by RON 9.40 million compared to December 31, 2023.

Current assets stand at RON 128.29 million, 8 percent down from December 31, 2023, as a result of liquidity reinvestment in long-term government securities.

BVB Group's equity amounts to RON 172.82 million, 3 percent down compared to the beginning of the year.

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