Olympia Financial Group Inc. Announces Second Quarter Results
14 Août 2013 - 11:27PM
PR Newswire (Canada)
CALGARY, Aug. 14, 2013 /CNW/ - Olympia Financial Group
Inc. (TSXV: OLY) today announced its operating and financial
results for the period ended June 30,
2013.
The unaudited condensed 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, 2013 include the
following:
- total revenue increased 13%, to $11.63
million from $10.32 million,
compared to the same quarter of the previous year;
- earnings from operations (before income tax and interest)
increased 37%, to $0.74 million from
$0.54 million, compared to the same
quarter of the previous year;
- earnings before income taxes (including earnings from
operations and interest) increased 10%, to $2.19 million from $1.99
million, compared to the same quarter of the previous year;
and
- total interest increased 3%, to $1.37
million from $1.33 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.
SOURCE Olympia Financial Group Inc.
Copyright 2013 Canada NewsWire
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