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Real estate fund NEPI net profit doubles in H1


8.8.2012 9:38:00 | Author/Source www.seenews.com

Real estate fund New Europe Property Investments [BSE:NEPI], listed on the Bucharest bourse, said its first-half net profit doubled to 14.4 million euro ($17.8 million) from 7.2 million lei a year earlier.

NEPI's profit before tax amounted to 15.5 million euro in the first six months of 2012, up from 7.2 million lei a year earlier, the fund said in a statement filed to the Bucharest bourse on Tuesday. Most of its assets are in Romania.


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