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18 October 2017
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Alpha Trust-Andromeda says profits hit €1,96M in 1H2017

28 July 17 - RE+D Magazine
Alpha Trust-Andromeda says profits hit €1,96M in 1H2017

DEALS

DATE BUYER SELLER
17 October 17 Credit Suisse Asset Management Legal & General capital
30 August 17 GLP J-REIT Global Logicis Properties

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COMPANIES

ΕΡΡΙΚΟΣ ΑΡΩΝΕΣ

Investment - GREECE

ETAD.A.E.

Public entity - GREECE

GAIAOSE S.A.

Agency - GREECE

PEOPLE

Alpha Trust-Andromeda, a closed-end investment company, on Friday reported after tax profits of 1.963 million euros in the first half of 2017, from after-tax losses of 760,000 euros in the same period last year.

 

Gross revenue was 2.536 million euros in the January-June period, representing profits from securities evaluation in fair values and transaction profits.

Assets totaled 11.26 million euros at the end of the six-month period, while the company's portfolio in current prices was invested in Greece (94.66 pct in shares, 4.56 pct in bonds and 0.78 pct in cash).

The company's net value was 26.165 euros and its market price was 18.43 pct, a discount of 29.56 pct.

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