PRESS RELEASE: Nine-month 2023 Results
ALPHA TRUST-ANDROMEDA Investment Trust S.A. released its nine-month 2023 results today. It has recorded profits of € 4.71 million compared to losses of € 3.27 million during the same period of 2022, under the International Financial Reporting Standards.
Gross income stood at profits of € 6.50 million. Gross income is derived from profits from the valuation of securities at fair value based on IFRS amounting € 3.05 million in total, profits from securities trading amounting € 2.72 million in total, as well as profits from dividends and interest amounting € 0.73 million.
The basic financial figures and ratios can be found at the following tables:
For the period from 01/01/2023 to 30/09/2023 the Company’s investment portfolio increased by 19.20% while the net asset value (N.A.V.) stood at € 27.98 million or €7.92 per share as of 30/09/2023.
The portfolio was invested solely in Greece, by 87.59% in domestic equities and by 3.50% in bonds, as of 30/09/2023.
The stock of ALPHA TRUST-ANDROMEDA Investment Trust S.A. was trading on the Athens Stock Exchange with a discount of 16.88% on 07/11/2023, with a closing price of € 6.64.
Kifissia, November 9th2023