Brief: Tinc Comm FY Net Profit Up At 31.1 Million Euros

Tinc NV

08/09/2021 06:17

Sept 8 (Reuters) - TINC COMM VA  TINCC.BR :
    * THE PORTFOLIO RESULT FOR THE PAST FINANCIAL YEAR AMOUNTS
TO €
36,5 MILLION (+ 62,1% COMPARED TO THE PREVIOUS FINANCIAL YEAR
    * A DISTRIBUTION OF € 0,52 PER SHARE IS PROPOSED TO THE
SHAREHOLDERS, AN INCREASE OF 2,0% COMPARED TO THE PREVIOUS
FINANCIAL YEAR
    * FY NET ASSET VALUE (NAV) INCREASES TO € 457,9 MILLION OR €
12,59
PER SHARE
    * FY NET PROFIT OF € 31,1 MILLION (+ 74,1% COMPARED TO THE
PREVIOUS FINANCIAL YEAR)
    * TINC INVESTED € 47,9 MILLION DURING THE PAST FINANCIAL
YEAR
UNDER BOTH EXISTING AND NEW CONTRACTUAL INVESTMENT COMMITMENTS
    * CASH POSITION AMOUNTS TO € 60,3 MILLION AT THE END OF THE
FINANCIAL YEAR
    * FY INVESTMENT PORTFOLIO CONTAINS 22 PARTICIPATIONS IN
BELGIUM,
THE NETHERLANDS AND IRELAND WITH A FAIR VALUE OF € 396,9 MILLION
(+16,6% COMPARED TO THE PREVIOUS FINANCIAL YEAR)
    * OUTSTANDING CONTRACTUAL INVESTMENT COMMITMENTS AMOUNT TO €
25,0
MILLION AT THE END OF THE PAST FINANCIAL YEAR

Source text for Eikon:  ID:nNDL5lV33x 
Further company coverage:  TINCC.BR 

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