{"id":16435,"date":"2024-11-07T23:37:42","date_gmt":"2024-11-07T23:37:42","guid":{"rendered":"https:\/\/andromeda.eu\/?post_type=press-center&p=16435"},"modified":"2025-04-02T12:12:04","modified_gmt":"2025-04-02T12:12:04","slug":"press-release-3rd-quarter-2024-financial-results","status":"publish","type":"press-center","link":"https:\/\/andromeda.eu\/en\/press-center\/press-release-3rd-quarter-2024-financial-results\/","title":{"rendered":"PRESS RELEASE: 3rd Quarter 2024 financial results"},"content":{"rendered":"

\u00a0 Key Financial Figures for the period 01.07.-30.09.2024:<\/strong><\/p>\n

 <\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Profit & loss account (amounts in th.)<\/strong><\/td>\n1\/7-30\/9\/202<\/strong>4<\/strong><\/td>\n1\/7-30\/9\/202<\/strong>3<\/strong><\/td>\n<\/tr>\n
Gross income from portfolio management<\/td>\n\u20ac 1,440<\/td>\n\u20ac -1,321<\/td>\n<\/tr>\n
Gross profit<\/td>\n\u20ac 1,058<\/td>\n\u20ac -1,198<\/td>\n<\/tr>\n
Earnings (\u0395\u0392\u03a4)<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u20ac 958<\/td>\n\u20ac -1,284<\/td>\n<\/tr>\n
Earnings after tax<\/td>\n\u20ac 916<\/td>\n\u20ac -1,325<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Key Indicators<\/strong><\/td>\n3<\/strong>0<\/strong>\/0<\/strong>9<\/strong>\/202<\/strong>4<\/strong><\/td>\n3<\/strong>0<\/strong>\/0<\/strong>9<\/strong>\/202<\/strong>3<\/strong><\/td>\n<\/tr>\n
Net Asset Value (N.A.V.)<\/td>\n\u20ac 30.70 m.<\/td>\n\u20ac 27.98 m.<\/td>\n<\/tr>\n
Net Asset Value (N.A.V.) per share<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u20ac 8.46<\/td>\n\u00a0\u00a0\u00a0\u00a0 \u20ac 7.92<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

\u00a0<\/strong><\/p>\n

ALPHA TRUST-ANDROMEDA Investment Trust S.A. announced its financial results for the 3rd<\/sup> Quarter of 2024, based on the International Financial Reporting Standards (IFRS). According to the company’s report, earnings after tax reached \u20ac0.916 million, compared to losses \u20ac1.325 million in the same period in 2023. Earnings after tax for the nine \u2013 month period amounted to \u20ac2.111 million, compared to \u20ac4.705 million in the same period in 2023.<\/p>\n

From January 1, 2024, to September 30, 2024, the company\u2019s portfolio achieved a 7.14% return, with the net asset value (NAV) of the portfolio reaching \u20ac30.70 million or \u20ac8.46 per share as of September 30, 2024.<\/p>\n

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%.<\/p>\n

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 \u20ac6.40.<\/p>\n","protected":false},"template":"","class_list":["post-16435","press-center","type-press-center","status-publish","hentry"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t