Olympia Financial Group Inc. Announces Q1, 2011 Results
20 Mai 2011 - 11:00PM
PR Newswire (Canada)
CALGARY, May 20, 2011 /CNW/ -- CALGARY, May 20, 2011 /CNW/ -
Olympia Financial Group Inc. (TSXV: OLY) announced its operating
and financial results for the period ended March 31, 2011. The
unaudited, interim financial statements and notes, as well as
management's discussion and analysis, are now available on SEDAR
(www.sedar.com). Highlights for the period ended March 31, 2011
include the following: -- total revenue increased 2%, to $9.50
million from $9.27 million, compared to the same quarter of the
previous year; -- earnings before income tax decreased 8%, to $2.1
million from $2.29 million, compared to the same quarter of the
previous year; -- earnings from continuing operations (after tax
and interest) decreased 10%, to $1.47 million from $1.63 million,
compared to the same quarter of the previous year; and -- interest
income increased 73%, to $0.93 million from $0.54 million, compared
to the same quarter of 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/May2011/20/c6647.html p
align="justify" 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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