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
For 9 months of 2023, the unaudited consolidated net profit of the AB INVL Baltic Farmland was EUR 315 thousand and the revenue was EUR 569 thousand (for 9 months of 2022 consolidated net profit was EUR 580 thousand and the revenue was EUR 535 thousand).
MoreINVL Baltic Farmland, a company that invests in agricultural land, had revenue of EUR 569,000 in the first nine months of this year and an unaudited net profit of EUR 315,000. Compared to the same period last year, the company’s revenue grew 6.4% and its net profit shrank 45.7%.
MoreUnaudited consolidated net profit of the INVL Baltic Farmland amounted to EUR 218,000 for 6 months of 2023 and the revenue was EUR 379,000 (for 6 months of 2022 consolidated net profit was EUR 483,000 and revenue was EUR 358,000).
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