Skip to content Skip to footer

PRESS RELEASE: 3rd Quarter 2024 financial results

PRESS RELEASE: 3rd Quarter 2024 financial results

  Key Financial Figures for the period 01.07.-30.09.2024:

 

Profit & loss account (amounts in th.) 1/7-30/9/2024 1/7-30/9/2023
Gross income from portfolio management € 1,440 € -1,321
Gross profit € 1,058 € -1,198
Earnings (ΕΒΤ)                    € 958 € -1,284
Earnings after tax € 916 € -1,325
Key Indicators 30/09/2024 30/09/2023
Net Asset Value (N.A.V.) € 30.70 m. € 27.98 m.
Net Asset Value (N.A.V.) per share             € 8.46      € 7.92

 

ALPHA TRUST-ANDROMEDA Investment Trust S.A. announced its financial results for the 3rd Quarter of 2024, based on the International Financial Reporting Standards (IFRS). According to the company’s report, earnings after tax reached €0.916 million, compared to losses €1.325 million in the same period in 2023. Earnings after tax for the nine – month period amounted to €2.111 million, compared to €4.705 million in the same period in 2023.

From January 1, 2024, to September 30, 2024, the company’s portfolio achieved a 7.14% return, with the net asset value (NAV) of the portfolio reaching €30.70 million or €8.46 per share as of September 30, 2024.

As of September 30, 2024, the portfolio composition included investments in listed shares on the Athens Stock Exchange (ASE) at 90.52%, bond holdings at 0.93%, and placements in Money Market Mutual Funds at 4.07%.

On November 5, 2024, ALPHA TRUST-ANDROMEDA’s stock was trading on the ASE at a significant discount of -21.98%, with a closing price of €6.40.

Subscribe to our Newsletter

Fields marked with an asterisk (*) are required.

Εγγραφείτε στο Newsletter μας

Τα πεδία με αστερίσκο (*) είναι υποχρεωτικά.