Paref SA Announces Consolidated Earnings Results for the Year Ended December 31, 2017
Paref SA announced consolidated earnings results for the year ended December 31, 2017. For the year, the company's net rental income was EUR 8.337 million against EUR 8.668 million a year ago. Current operating result was EUR 7.481 million against EUR 8.661 million a year ago. Operating result was EUR 11,046,000 against EUR 11,967,000 a year ago. Profit before tax was EUR 9.201 million against EUR 10.808 million a year ago. Net profit - Group share was EUR 8.261 million against EUR 10.373 million a year ago. Net result per share (owners of the parent diluted) was EUR 6.88 against EUR 8.59 a year ago. NAV per share was EUR 98.1 against EUR 91.4 a year ago. NNNAV per share was EUR 95.7 against EUR 86.2 a year ago. Net cash-flow from operting activities was EUR 6,734,000 against EUR 10,303,000 a year ago. Acquisition of tangible assets was EUR 558,000 against EUR 10,285,000 a year ago.