Eastern Property Holdings Ltd. Announces Interim Unaudited Results for the Six Months Ended 30 June 2013
(Thomson Reuters ONE via COMTEX) --
Eastern Property Holdings Limited (EPH) /
Eastern Property Holdings Ltd. Announces Interim Unaudited Results for the Six
Months Ended 30 June 2013
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The issuer is solely responsible for the content of this announcement.
17 September 2013, Road Town, BVI
Eastern Property Holdings Ltd (EPH), the Russia-focused real estate development and investment company, today announces interim unaudited results for the first half of 2013:
- Value of investment and development properties of EPH were slightly increased to approx. USD 225 million
- Net profit for the period is USD 1.1 million (30 June 2012: USD 3.4 million). The decrease compared to the previous year is mainly related to less favorable currency effects
- NAV per share remained stable at USD 67.76 (31 December 2012: USD 67.77)
The full Semi-annual Review 2013, including the Interim Condensed Consolidated Financial Information for EPH is available on the company's website www.easternpropertyholdings.com.
Conference Call with Management
EPH management will host a conference call for analysts and investors on 17 September 2013 at 17:30 CET. Dial-in details for the call are available on the company website. A presentation for the call will be available on the company website shortly before the call.
Eastern Property Holdings Ltd. is an SIX Swiss Exchange-listed real estate development company focusing on Russia. The company holds interests in office, residential, retail and parking properties and developments, principally in Moscow and St. Petersburg. EPH is managed by Valartis International Ltd. a wholly-owned subsidiary of Valartis Group AG. Additional information on Eastern Property Holdings is available by contacting Anna Bernhart, Tel: +41 43 336 8111 or by visiting the company's website, www.easternpropertyholdings.com
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Source: Eastern Property Holdings Limited (EPH) via Thomson Reuters ONE
EPH - Announcement Interim Unaudited Results 2013 - http://hugin.info/139905/R/1729493/577813.pdf
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