SIF Transilvania Expects 29% Lower Profit In 2013, Hit By Higher Costs

03.21.2013 By Florentina Dragu

Romanian regional investment fund SIF Transilvania (SIF3.RO) expects its net profit to fall 29% to 150 million lei (EUR34 million) in 2013, on higher investment costs, the fund said in its draft revenue and expenditure budget Thursday.

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