Brief: Briq Properties REIC Q1 Adj.Net Profit Widens To eur 1.1 Million

BriQ Properties REIC

30/05/2022 10:49

May 30 (Reuters) - BriQ Properties REIC  BRIQr.AT :
    * Q1 RENTAL INCOME EUR 1.9 MILLION VERSUS EUR 1.0 MILLION
YEAR AGO
    * Q1 ADJUSTED EBITDA EUR 1.4 MILLION VERSUS EUR 0.7 MILLION
YEAR
AGO
    * Q1 ADJUSTED NET PROFIT EUR 1.1 MILLION VERSUS EUR 0.5
MILLION
YEAR AGO
    * MARCH NET DEBT AT EUR 33.7 MILLION VERSUS NET DEBT OF EUR
30.2
MILLION ON DEC.31,2021
    * CO SEES FOR FY 2022 THAT THE RESULTS WILL SHOW SIGNIFICANT
INCREASE COMPARED TO FY 2021 AND FY 2020
    * IN PREVIOUS TWO FISCAL YEARS REVENUES WERE AFFECTED BY
MANDATORY
RENT REDUCTION MEASURES DUE TO THE COVID-19 PANDEMIC

Source text: https://bit.ly/3GxwzPN
Further company coverage:  BRIQr.AT 

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