Financial Services, Investments, Lithuania

International Internet Magazine. Baltic States news & analytics Saturday, 20.04.2024, 11:29

H1 profit of Lithuania's Invalda INVL at EUR 4.1 mln

BC, Vilnius, 31.08.2015.Print version
According to pre-audited results of Invalda INVL, AB group for the 6 months of 2015, consolidated net profit attributable to shareholders of Invalda INVL amounted to EUR 4.1 million, while in the same period of 2014 it was EUR 5.4 million, the group said, cites LETA/ELTA.

Consolidated equity capital at the end of first half of 2015 amounted to EUR 48.1 million, or EUR 4.10 per share, while consolidated net profit totalled to EUR 4.1 million, in the same period of 2014 it was EUR 5.4 million.

 

The net profit of Invalda INVL for the 6 months of 2015 amounted to EUR 4.1 million, in the same period of 2014 it was EUR 21.9 million. Equity capital of Invalda INVL at the end of first half 2015 amounted to EUR 47.8 million, or EUR 4.08 per share.

 

Invalda INVL is one of the leading asset management groups in Baltic region.

 

At the end of June 2015 asset management companies owned by Invalda INVL – INVL Asset Management, MP Pension Funds Baltic in Lithuanian and Finasta Asset Management in Latvia – managed assets amounting to EUR 305 million, or 10.8 per cent more than at the end of 2014 (EUR 275.3 million).

 

Revenues from asset management business in first half amounted to EUR 1.8 million.






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