Nanette Real Estate H1 pretax profit rises; says confident of future success
Nanette Real Estate Group NV said its first half pretax profit rose on higher revenue and said it looks to continue its successful development through the second half of 2007.
The company said its pretax profit for the six months to June 30 rose to 3.71 mln eur from 147,000 eur last year. Turnover rose to 14.72 mln eur from 10.76 mln eur. The company said income was entirely derived from sale of apartments.
The company said it sold 325 apartments during the period and has now sold a total of 2,088 apartments. It also invested in two new countries -- Romania and Croatia.
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08-30-2007, 01:41 PM
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