Olympia Financial Group Inc. Annual Earnings from Operations Increases 60%
28 Mars 2011 - 11:09PM
PR Newswire (Canada)
CALGARY, March 28 /CNW/ -- CALGARY, March 28 /CNW/ - Olympia
Financial Group Inc. (TSXV: OLY) is pleased to announce its
operating and financial results for the year ended December 31,
2010. The audited financial statements and notes, as well as
management's discussion and analysis, are now available on SEDAR
(www.sedar.com). -- Highlights for the year ended December 31, 2010
include the following: -- earnings from operations increased 60%,
to $8.13 million from $5.09 million, compared to the previous year;
-- total revenue increased 25%, to $35.79 million from $28.54
million, compared to the previous year; -- interest income
increased 158%, to $2.92 million from $1.13 million, compared to
the previous year; and -- net earnings after tax increased 14%, to
$5.86 million from $5.14 million, compared to the previous year.
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release. To view this news release in HTML formatting,
please use the following URL:
http://www.newswire.ca/en/releases/archive/March2011/28/c7194.html
p align="left" Rick Skauge, President, at (403) 261-7501,
e-mail a
href="mailto:ricks@olympiatrust.com"ricks@olympiatrust.com/a or
visit the website a
href="http://www.olympiatrust.com/"www.olympiatrust.com/a. /p
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