The part of unaudited net profit of asset management group Invalda, attributable to the shareholders, has more than doubled and reached 46.2 mLTL, comparing with IH 2007, when net profit was 19.2 mLTL. Total unaudited consolidated net profit of Invalda group companies of IH 2008 reached 44.8 mLTL, which is two times bigger than same period 2007, when it amounted to 22 mLTL.
According to Darius Sulnis, president of Invalda, first half year‘s results were determined by successful sales of hotel business and Hidroprojektas, company projecting and researching water management objects; investments into Agrovaldymo Grupė and also good activity results of real estate, pharmacy and road construction sectors.
Financial sector, under the negative global tendencies, and furniture manufacturing sector generated loss in the first half of this year.
Traditionally, in the second half of the year, after reconsidering yearly goals of Invalda group companies, and also after developing main assumptions, which are essential in evaluating Invalda‘s influence in investment activity, investors may be presented with corrected Invalda‘s yearly prognosis.