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Romania's iFond Gold H1 loss widens 26.3%


8.8.2012 11:01:00 | Author/Source www.seenews.com

The first-half loss of Romanian closed-end investment fund iFond Gold [BSE:IFG] widened by an annual 26.3% to 1.1 million lei ($299,400/241,800 euro), the company said.

Its revenues fell to 4.0 million lei in the first six months of 2012 from 5.6 million a year earlier, the fund, managed by Romania's Intercapital Investment Management, said in a statement posted on its website on Tuesday.


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