Profit increase at SFPI
Swiss Finance & Property Investment (SFPI) has significantly increased its profit in the first half of the year. According to preliminary and unaudited figures, net profit excluding valuation gains and deferred taxes rose by an estimated 38.6 percent to CHF 6.6 million.
Operating income before interest and taxes (EBIT) in the first half of fiscal 2015 is expected to have been CHF 19 million (previous year: 7.9 million) and net income including valuation gains and deferred taxes CHF 14.9 million (previous year: 5.1 million), SFPI says.
The company cites project successes and revaluation effects as reasons for the improvement. Further details on the results and the half-year report will be published on August 27, 2015. (ah)
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