ALPHA TRUST ANDROMEDA Investment Trust S.A.: Q1 2024 financial results
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:
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