TFI's profit up to nearly PLN 265 mln in H1

The Financial Supervision Authority (KNF) reported that the net profits of Investment Fund Society (TFI) totaled PLN 264.83 million in the first half of 2015, compared with PLN 223.1 million, in the corresponding period last year. The value of asset's portfolio amounted to PLN 294 billion at the end of June, whereas last year it stood at over PLN 248 billion. The overall income of TFI amounted to nearly PLN 1.6 billion after the second quarter of 2015, whereas last year it was over PLN 200 million lower. The general costs totaled PLN 1.26 billion, compared with PLN 1 billion after the second quarter in 2014. The equity of finance  of TFI amounted to PLN 1.3 billion at the end of June, whereas last year it was over PLN 250 million less. Overall assets of TFI were worth PLN 1 .77 billion at the end of June 2015, in the corresponding period last year, it totaled to PLN 1.42 billion.