Stockholm, Sweden, 2012-02-29 08:30 CET (GLOBE NEWSWIRE) --
Fourth quarter of 2011
- During the 4th quarter, the Group had no operating income (-). The operating result for the 4th quarter amounted to TSEK -5,786 (-13,205).
- The change in real value of assets under discretionary management amounted to TSEK 8,587 (7,223). Net financial items in the 4th quarter amounted to TSEK 13,852 (11,444), also including currency effects of TSEK 4,009 (-522)
- Net result after tax for the 4th quarter amounted to TSEK 8,064 (-1,758).
January - December 2011
- During the year, the Group had no operating income (TSEK 26,521). The operating result for the period amounted to TSEK -29,820 (-22,879).
- Net financial items for the period amounted to TSEK 12,140 (-33,812), including currency effects of TSEK -8,288 (-58,603) and the change in real value of assets under discretionary management amounted to TSEK 6,346 (12,400)
- Net result after tax for the period amounted to TSEK -17,680 (-56,790).
- Earnings Per Share for the period amounted to SEK -0.44 (-1,41).
Please see attached file for the full report.
For further information, please contact:
Maks Grinfeld, MD, tel; +46 8 5000 7810
Sven-Erik Zachrisson, Chairman of the Board of Directors, tel: +46 8 5000 7810
Certified Adviser First North: Mangold Fondkommission AB
For further information on Petrogrand AB, see the website http://www.petrogrand.se
