Brief: Tinc Comm H1 net profit of 1.3 mln euros, on track to meet projections for FY

Tinc NV

23/09/2015 06:30

Sept 23 (Reuters) - Tinc Comm VA  TINCC.BR : 
    * H1 Net profit is on track to meet projections for full 
financial year: 1.3 million euros ($1.5 million) or 3.7 million 
euros before one-off IPO related costs 
    * H1 net asset value is at 149.4 million euros or 10.96 
euros per share 
    * H1 fair market value of investment portfolio amounts to 
118.6 million euros 
    * H1 cash position of 28.5 million euros is available to 
fund further growth; no financial indebtedness 
    * Acquisition of operational windfarm kreekraksluis in 
execution of growth strategy 
    * Interim dividend of 0.12 euro per share was approved and 
is to be paid out on 30 September 2015 
    * Confirmation of dividend target of 0.4675 euro per share 
over full financial year ending 30 June 2016 (incl. interim 
dividend) 
 
     
Source text: http://bit.ly/1iLvzvo 
Further company coverage:  TINCC.BR  
 
($1 = 0.8990 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;))