Brief: Tinc Comm FY Operating Result Drops To EUR 25.6 Million

Tinc NV

07/09/2022 07:33

Sept 7 (Reuters) - Tinc Comm VA  TINCC.BR :
    * FY PORTFOLIO RESULT FOR THE PAST FINANCIAL YEAR WAS € 30.4
MILLION, A RETURN ON THE PORTFOLIO OF 7.67%
    * FY NET PROFIT OF € 25.0 MILLION OR € 0.69 PER SHARE
    * FY NET ASSET VALUE (NAV) INCREASES TO € 463.6 MILLION OR €
12.75
PER SHARE
    * CASH POSITION AMOUNTS TO € 48.4 MILLION AT THE END OF THE
FINANCIAL YEAR
    * DISTRIBUTION OF € 0.54 PER SHARE IS PROPOSED TO
SHAREHOLDERS, AN
INCREASE OF 3.85% COMPARED TO THE  PREVIOUS FINANCIAL YEAR
    * FY OPERATING INCOME EUR 39.8 MILLION VERSUS EUR 40.0
MILLION
YEAR AGO
    * FY OPERATING RESULT EUR 25.6 MILLION VERSUS EUR 32.0
MILLION
YEAR AGO
    * WITH TODAY ABOUT € 65 MILLION CASH AT HAND, TINC IS WELL
ARMED
FOR NEW INVESTMENTS - CEO

Source text for Eikon:  ID:nNDLl21pg 
Further company coverage:  TINCC.BR 

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