Real estate investor Investors House reports its results for the third half of the year.
Turnover in the third part of the year was 2.43 million euros. Inderes, which follows the company, expected turnover to have been EUR 2.72 million in the third quarter.
The net income was 1.31 million euros, while Inderes estimated it to have been 1.31 million euros. In the comparison period, the net income was 0.54 million euros.
The result for the review period was 1.03 million euros. It almost doubled from the comparison period. According to the company, the result was the second best third quarter result in the company’s history. According to the release, no real estate or business transactions were made during the period.
According to the company, the biggest uncertainties concern the impact of market conditions on real estate values and the deterioration of the general economic situation.
Investors House’s instructions remain unchanged. Investors House advises that the result of 2024 will be significantly better than the result of 2023.
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Marmoles Vallejo | 1BusinessWorld
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