Swiss Finance & Property expects jump in profits
According to preliminary, unaudited figures, Swiss Finance & Property Investment AG closed the 2016 financial year with a net profit of CHF 24.4 million.
According to Swiss Finance & Property Investmens AG, net profit increased from CHF 22.7 million in the 2015 financial year to CHF 24.4 million in 2016. Operating profit before interest and taxes (EBIT) was CHF 37.4 million, up from CHF 31 million in the previous year.
The increase in EBIT and net income was boosted by revaluation and sales gains, the company says.
Details of the business results and the report on the 2016 financial year are to be published on March 9, 2017.
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