Ελληνικά
ALPHA TRUST-ANDROMEDA Investment Trust S.A. released today its interim financial results for the 1st quarter ending on March 31, 2024. It has recorded profits of € 1.75 million compared to profits of € 1.95 million during the same period of 2023, under the International Financial Reporting Standards.
Gross income stood at profits of € 2.42 million. Gross income is derived from profits from the valuation of securities at fair value based on IFRS amounting € 1.90 million in total, profits from securities trading amounting € 0.49 million in total, as well as profits from dividends and interest amounting € 0.03 million.
The basic financial figures and ratios can be found at the following tables:
| Profit & loss account (amounts in thousand) | 1/1-31/03/2024 | 1/1-31/03/2023 |
| Gross income from portfolio management | € 2,421 | € 2,469 |
| Gross profit/loss | € 1,846 | € 2,049 |
| Earnings/loss (ΕΒΤ) | € 1,746 | € 1,949 |
| Earnings/loss after tax (Net profit after tax) | € 1,703 | € 1,924 |
| Key indicators | 31/03/2024 | 31/03/2023 |
| Net Asset Value (N.A.V.) | € 31.65 mil. | € 26.60 mil. |
| Net Asset Value (N.A.V.) per share | € 8.85 | € 7.53 |
For the period from 01/01/2024 to 31/03/2024 the Company’s investment portfolio increased by 5.69% while the net asset value (N.A.V.) stood at € 31.65 million or € 8.85 per share as of 31/03/2024.
The portfolio was invested solely in Greece, by 87.03% in domestic equities, by 4.75% in money market mutual funds and by 2.79% in bonds, as of 31/03/2024.
The stock of ALPHA TRUST-ANDROMEDA Investment Trust S.A., was trading on the Athens Stock Exchange with a discount of 21.07% on 22/04/2024, with a closing price of € 6.74.
