ANCHOR CAPITAL INVESTMENTS LTD. (XETRA:ACP) (NSX:ACI) WITH POSITIVE FINANCIAL RESULT FOR 2016

27th April 2017, Anchor Capital Investments Ltd. is pleased to announce that the financial result for 2016 was positive and in line with the company’s expectations. The revenue stayed at same level as last year of USD 3 million, while the Net Profit increased from USD 454,810 to USD 1,051,074 in 2016. This result meant that the company’s equity has increased from USD 2,174,401 to USD 3,210,287.

The Managing Director of Anchor Capital Investments Ltd., Mr. NM Mogul comments; “We are extremely proud of this year’s result, where all the commitment to lowering costs has paid off, and we are certain, that we can keep and improve the level of earnings for the coming years to the benefit of the Investors.”

With the consolidation of shares completed in April 2017, this gives the Company an “Earnings per Share (diluted)” ratio of USD 1.44.

Interested? Want to Use Anchor Capital for your Business Development?

Contact Anchor Now