Brief: Weng Fine Art FY Profit After Taxes Up At EUR 1.6 Million
25/08/2020 07:52
Aug 25 (Reuters) - WENG FINE ART AG WFTG.F :
* FY PROFIT (AFTER TAXES) GREW TO 1,562 KEUR AFTER 802 KEUR
IN
2018 (+ 95%)
* COMPANY'S ANNUAL GENERAL MEETING FOR 2019 FINANCIAL YEAR
IS
EXPECTED TO TAKE PLACE IN DECEMBER OF THIS YEAR AND IS CURRENTLY
PLANNED AS A LIVE EVENT
* FY NET PROFIT DOUBLED FROM EUR 1,050 THOUSAND (2018) TO
EUR
2,102 THOUSAND
* EXPECTS OPERATING RESULT AS OF SEPT 30, 2020, AND PROBABLY
ALSO
FOR FY 2020 TO RISE OVER-PROPORTIONALLY
* EXPECTS REVENUES IN 9M 2020 TO GO ABOVE LAST YEAR'S LEVEL
BY
OVER 50%
* DIVIDEND PROPOSAL WILL BE PUBLISHED IN AUTUMN AFTER
BALANCE
SHEET APPROVAL
Source text for Eikon: ID:nPex4PGTNa
Further company coverage: WFTG.F
(Gdansk Newsroom)
((Gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
Recent news on Weng Fine Art AG
See all newsBrief: Weng Fine Art AG Announces Voluntary Public Acquisition Offer To Shareholders Of Artnet
Brief: Weng Fine Art Decides Not To Pursue Announced Placement Treasury Shares With Professional US Investors For Time Being
Brief: Weng Fine Art Increases Dividend To EUR 0.16 Per Share
Brief: Weng Fine Art: Q1 Adjusted Profit Up By 60.6%
Brief: Weng Fine Art Increases Funding For WFA Group To More Than EUR 50 Mln