PRESS RELEASE

ALPHA TRUST ANDROMEDA Investment Trust S.A.

Q1 2024 financial results

ALPHATRUST-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.

Kifissia, April 24th 2024

ALPHA TRUST-ANDROMEDA INVESTMENT TRUST S.A.

1 Aristidou Street, 145 61 Kifissia, Tel. 210 62 89 100 Fax: +30 210 62 34 242, www.andromeda.eu

T.I.N. 099759863 - Athens Large Companies Tax Office (FAE), Hellenic Capital Market Commission Decision: 5/192/6.6.2000, General Commercial Registry Number 003882701000, LEI 213800USGL7Q5UR9M221

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Alpha Trust Andromeda Investment Trust SA published this content on 24 April 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 April 2024 07:13:07 UTC.