Alternative investment fund Lion Capital (LION.RO) had a net profit of RON417.3 million in 2023, up 337% on the year, as per its annual preliminary financial report.
Alternative investment fund Evergent Investments (EVER.RO) reported a record value in total assets, of RON2.95 billion, for 2023, from RON2.36 billion in 2022, as per its unaudited report published at the Bucharest Stock Exchange on Feb 29.
SIF Muntenia (SIF4.RO) ended 2023 with net profit of RON212.8 million, compared to a net loss of RON33.2 million in 2022, and dividend income of RON82.5 million, down 13.5% on the year, in line with calculations by Ziarul Financiar (ZF) daily based on the annual preliminary financial results published at the Bucharest Stock Exchange.
Sphera Franchise Group (SFG.RO), the largest group in the food service industry in Romania, closed its best year ever, with sales of RON1.47 billion and improved profitability indicators – normalized EBITDA up 44.1% compared to 2022, at RON147.9 million, and normalized net profit up 80.3% compared to the previous year, at RON79.8 million.
Visual Fan, a company listed on the Bucharest Stock Exchange under the ticker symbol ALW and owner of the Allview brand, recorded a 19.1% increase in turnover, at a group level, up to RON134 million (nearly EUR27 million), and a 48% rise in profit, to RON7 million (EUR1.4 million), as per its report with preliminary results (unaudited) for 2023.
Life is Hard (LIH.RO), a technology company listed on the AeRo market of the Bucharest Stock Exchange, announced on Feb 29 that the consolidated net profit doubled to RON7.16 million in 2023 vs 2022.
Natural gas transmission company Transgaz (TGN.RO) ended 2023 with net profit of RON172.4 million, at a group level, down 50% vs 2022, as per the company's preliminary consolidated report published at the Bucharest Stock Exchange.