EfTEN Real Estate Fund III AS Reports Consolidated Earnings Results for the Second Quarter and First Half of 2019
July 30, 2019 at 10:05 am EDT
EfTEN Real Estate Fund III AS reported consolidated earnings results for the second quarter and first half of 2019. For the quarter, the company reported revenue of EUR 2,321,000 compared to EUR 2,104,000 a year ago. Operating profit was EUR 3,200,000 compared to EUR 2,609,000 a year ago. Total comprehensive income for the financial period was EUR 2,329,000 compared to EUR 1,896,000 a year ago. Basic and diluted earnings per share was EUR 0.68 compared to EUR 0.59 a year ago.
For the first half of 2019, the company reported revenue of EUR 4,636,000 compared to EUR 4,105,000 a year ago. Operating profit was EUR 5,064,000 compared to EUR 4,198,000 a year ago. Total comprehensive income for the financial period was EUR 3,698,000 compared to EUR 3,149,000 a year ago. Basic and diluted earnings per share was EUR 1.11 compared to EUR 0.98 a year ago.