The audited consolidated and the Company’s own net profit of INVL Baltic Farmland, AB amounted to EUR 2,643 thousand, the revenue of the group was EUR 794 thousand for the period of 2023 (for 2022 – consolidated and the Company’s net profit was EUR 1,968 thousand, revenue was EUR 722 thousand).
MoreINVL Baltic Farmland, a company that invests in agricultural land, had consolidated revenue of EUR 794,000 in 2023 and an audited net profit for the year of EUR 2.643 million. Compared to 2022, the company’s revenue increased 10% last year, and its net profit grew 34%.
MoreINVL Baltic Farmland plans to publish information to investors in 2024 in accordance with the following calendar:
MoreFor 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).
MoreINVL Baltic Farmland, a company that invests in agricultural land, had an unaudited net profit of EUR 218,000 in January-June this year, or 54.9% less than in the first half of 2022 when the results were significantly affected by gains from the land sale transaction. Excluding the impact of the sale of land, net profit in the first half of this year was 17.5% higher than during the same period last year.
MoreFor 3 months of 2023, the unaudited consolidated net profit of AB INVL Baltic Farmland was EUR 119 thousand and the revenue was EUR 190 thousand (for 3 months of 2022 consolidated net profit was EUR 393 thousand and the revenue was EUR 177 thousand).
MoreINVL Baltic Farmland, a company that invests in agricultural land, had revenue of EUR 190,000 in the first quarter of this year, 7.3% more than in the same period last year. The company had an unaudited net profit of EUR 119,000, or 69.7% less than in the first quarter of 2022, when profit was significantly affected by gains from a sale of land. Excluding the impact of that sale of land, profit was 24.6% larger in the first quarter this year than in the same period last year.
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