The goal of INVL Baltic Farmland is to invest in the agricultural land in Lithuania and lease the land to farmers and agricultural companies, to ensure cashflows in excess of inflation from rent income and to profit from the growth of agricultural land prices
On 1 June 2022 the Register of Legal Entities has registered a new wording of the Articles of Association of the public joint stock company INVL Baltic Farmland (hereinafter – “the Company”). Shareholders of the Company approved the draft Articles of Association on 27 April 2022, during the Ordinary General Shareholders meeting of the Company.
MoreOn 27 April 2022, the General Shareholders Meeting of INVL Baltic Farmland, AB (identification code 303299781, address Gyneju str. 14, Vilnius, LT-01109) decided to allocate EUR 0.24 dividend per share.
MoreFor 3 months of 2022, the unaudited consolidated net profit of AB INVL Baltic Farmland was EUR 393 thousand and the revenue was EUR 177 thousand (for 3 months of 2021 consolidated net profit was EUR 106 thousand, revenue was EUR 160 thousand).
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