INVL 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.
MoreOn 29 March 2023, the General Shareholders Meeting of INVL Baltic Farmland, AB (identification code 303299781, address Gyneju str. 14, Vilnius, LT-01109) decided to allocate EUR 0.15 dividend per share.
MoreOn 18 April 2023 the Register of Legal Entities 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 19 March 2023, during the Ordinary General Shareholders meeting of the Company.
MoreResolutions of the General Ordinary Shareholders‘ Meeting of INVL Baltic Farmland that was held on 29 March 2023.
MoreThe Annual General Shareholders Meeting of the public joint stock company INVL Baltic Farmland (hereinafter – “the Company“) held on 29 March 2023 approved to allocate a dividend of EUR 0.15 per share for the year 2022 (the total amount allocated for dividends is EUR 484 thousand).
MoreINVL Baltic Farmland, a company that invests in agricultural land, will pay shareholders larger than usual dividends for 2022, allocating EUR 484,000 or EUR 0.15 per share. That and other decisions were adopted at the company’s annual general meeting of shareholders which took place today.
MoreThe board of INVL Baltic Farmland, AB, a company investing in agricultural land, approved its activity forecasts for 2023. Consolidated revenues of INVL Baltic Farmland are forecasted at EUR 790 thousand and net profit should amount to EUR 365 thousand.
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