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BriQ Properties declares net profits in the first half of 2017

08 September 17 - RE+D Magazine
BriQ Properties declares net profits in the first half of 2017

COMPANIES

Pepper Hellas

Consultant - GREECE

GAIAOSE S.A.

Agency - GREECE

PEOPLE

BriQ Properties on Friday reported net profits of 426,000 euros in the first half of 2017, with EBITDA totaling 507,000 euros and pre-tax profits of 531,000 euros.

 

The company said leasing revenue totaled 944,000 euros in the January-June period, adding that results have been burdened with ASE listing expenses (125,000 euros).

Cash reverses reached 4.053 million euros at the end of June, while the company has no loans. Its asset portfolio included seven real estate properties worth 24.3 million euros.

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