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TRANSILVANIA BROKER DE ASIGURARE SA - TBK

H1 2022 Report

Release Date: 8/10/2022 8:20:14 AM

IRIS Code: 52E40

    

                                                                                                Reg. No. 374 / 10.08.2022

 

 

To,

 

BUCHAREST STOCK EXCHANGE S.A.

FINANCIAL SURVEILLANCE AUTHORITY

 

 

ANNOUNCEMENT

Regarding the availability of the Report for the first semester of 2022

 

 

   First semester report 2022 will be available to shareholders, investors and the public as follows:
 

▫ on the website of the Bucharest Stock Exchange, www.bvb.ro;

▫ on the company's website www.transilvaniabroker.ro, at “Investors/Financial

    reports” section ;

▫ as printed version, at the headquarters in Bistrita, Calea Moldovei Street, no. 13,

    Bistrita-Nasaud County, also on the following link .

 

It is mentioned that the Financial Statements on the basis of which the Report for the first semester has been prepared are not audited.

 

 

                                                                                                                          TRANSILVANIA BROKER DE ASIGURARE S.A.                                                                                                                          

CEO

Login Gabriel

 

 

 

 

YH 2022 Financial Report

Summary

Transilvania Broker de Asigurare S.A. reports record results and growth for the first semester of 2022, which have been facilitated by the sustained investment efforts, over the last years, for development, digitalization and promotion, in a favorable market context.

The increase of 73.4% in the volume of intermediated insurance policies, as compared to the first semester of 2021, while the expenditure structure and has been improved and the business developed, brought forth a 60% increase of the net sales and a net profit by 2.3 times higher than in the reference period. Gross operational result margin increased from 8.8%, to 12.6% over the same period, while the net profit margin increased from 7.6% up to 10.9%.

In the reporting period, the company continued to allocate funds to projects with community and social value, granting by 50% more than in the first semester of 2021 to Ukrainian children affected by war, through UNICEF Romania, and to the sport club ACS Transilvania.

The Ordinary and Extraordinary General Shareholders’ Meetings convened on 27th of April, 2022, approved the completion of the secondary object of activity with new related activities, the distribution of a gross dividend in total amount of 7.5 mio lei, by 74.4% more than for the previous year, and the extension of the administrators’ mandates, which will become effective once the Financial Supervisory Authority provides its favorable opinion.                                                                                 

CEO

Login Gabriel

 

 

 



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