{"id":16436,"date":"2024-04-24T22:38:37","date_gmt":"2024-04-24T22:38:37","guid":{"rendered":"https:\/\/andromeda.eu\/?post_type=press-center&p=16436"},"modified":"2025-04-02T12:16:00","modified_gmt":"2025-04-02T12:16:00","slug":"press-release-q1-2024-financial-results","status":"publish","type":"press-center","link":"https:\/\/andromeda.eu\/en\/press-center\/press-release-q1-2024-financial-results\/","title":{"rendered":"PRESS RELEASE: Q1 2024 financial results"},"content":{"rendered":"

ALPHA TRUST-ANDROMEDA <\/a>Investment Trust S.A. released today its interim financial results for the 1st quarter ending on March 31, 2024. It has recorded profits of \u20ac 1.75 million compared to profits of \u20ac 1.95 million during the same period of 2023, under the International Financial Reporting Standards.<\/p>\n

Gross income stood at profits of \u20ac 2.42 million. Gross income is derived from profits from the valuation of securities at fair value based on IFRS amounting \u20ac 1.90 million in total, profits from securities trading amounting \u20ac 0.49 million in total, as well as profits from dividends and interest amounting \u20ac 0.03 million.<\/p>\n

The basic financial figures and ratios can be found at the following tables:<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Profit & loss account<\/strong> (<\/strong>amounts in thousand<\/strong>)<\/strong><\/td>\n1\/1-31\/03\/2024<\/strong><\/td>\n1\/1-31\/03\/2023<\/strong><\/td>\n<\/tr>\n
Gross income from portfolio management<\/td>\n\u20ac 2,421<\/td>\n\u20ac 2,469<\/td>\n<\/tr>\n
Gross profit\/loss<\/td>\n\u20ac 1,846<\/td>\n\u20ac 2,049<\/td>\n<\/tr>\n
Earnings\/loss (\u0395\u0392\u03a4)<\/td>\n\u20ac 1,746<\/td>\n\u20ac 1,949<\/td>\n<\/tr>\n
Earnings\/loss after tax (Net profit after tax)<\/td>\n\u20ac 1,703<\/td>\n\u20ac 1,924<\/td>\n<\/tr>\n
 <\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Key indicators<\/strong><\/td>\n31\/03\/2024<\/strong><\/td>\n31\/<\/strong>0<\/strong>3\/2023<\/strong><\/td>\n<\/tr>\n
Net Asset Value (N.A.V.)<\/td>\n\u20ac 31.65 mil.<\/td>\n\u00a0\u20ac 26.60 mil.<\/td>\n<\/tr>\n
Net Asset Value (N.A.V.) per share<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u20ac 8.85<\/td>\n\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u20ac 7.53<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

For the period from 01\/01\/2024 to 31\/03\/2024 the Company\u2019s investment portfolio increased by 5.69% while the net asset value (N.A.V.) stood at \u20ac 31.65 million or \u20ac 8.85 per share as of 31\/03\/2024.<\/p>\n

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.<\/p>\n

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 \u20ac 6.74.<\/p>\n","protected":false},"template":"","class_list":["post-16436","press-center","type-press-center","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/andromeda.eu\/en\/wp-json\/wp\/v2\/press-center\/16436","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/andromeda.eu\/en\/wp-json\/wp\/v2\/press-center"}],"about":[{"href":"https:\/\/andromeda.eu\/en\/wp-json\/wp\/v2\/types\/press-center"}],"wp:attachment":[{"href":"https:\/\/andromeda.eu\/en\/wp-json\/wp\/v2\/media?parent=16436"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}