Brief: RomReal Q3 loss from operations widens to 621,000 euros

RomReal

27/11/2015 06:16

Nov 27 (Reuters) - RomReal Ltd  ROMR.OL : 
    * Reported on Thursday Q3 operating revenue of 139,000 euros ($147,500) versus 61,000 euros 
year ago 
    * Q3 loss from operations 621,000 euros versus loss 353,000 euros 
    * Q3 pre-tax profit 243,000 euros versus loss 2,000 euros year ago 
    * Q3 net profit was 283,000 euros versus 31,000 euros year ago  
    * Net profit result improvement is mainly explained by currency effects, with RON 
strengthening by 1.5 pct against the euro during the quarter 
    * Net asset value was 0.46 euro per share at the end of Q3, a 1.2 pct decrease compared to 
the end of Q2 
    * Expects recent positive development in macroeconomic environment to reflect in continued 
improvement of the real estate market in 2015 and 2016 
    * Expects further asset disposals at satisfactory prices in the quarters to come 
 
     
  
     
 Source text for Eikon:  ID:nHUG6r9VLB  
     
 Further company coverage:  ROMR.OL   
    
 
 
 
($1 = 0.9423 euros) 
 
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