Olympia Financial Group Inc. Announces Q2, 2011 Results
29 Août 2011 - 11:00PM
PR Newswire (Canada)
CALGARY, Aug. 29, 2011 /CNW/ -- CALGARY, Aug. 29, 2011 /CNW/ -
Olympia Financial Group Inc. (TSXV: OLY) today announced its
operating and financial results for the three month period ended
June 30, 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 three month
period ended June 30, 2011 include the following: -- total revenue
increased 6%, to $10.10 million from $9.50 million, compared to the
same quarter of the previous year; -- earnings before income tax
remained consistent at $2.28 million from $2.29 million, compared
to the same quarter of the previous year; -- earnings from
continuing operations (after tax and interest) increased 4%, to
$1.57 million from $1.51 million, compared to the same quarter of
the previous year; and -- interest income increased 89%, to $1.34
million from $0.71 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/August2011/29/c7021.html
p contact 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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