Olympia Announces Year-End Results
March 22 2013 - 5:34PM
PR Newswire (Canada)
CALGARY, March 22, 2013 /CNW/ - Olympia Financial Group
Inc. (TSXV: OLY) today announced its operating and financial
results for the year ending December 31,
2012.
The audited financial statements and notes, as
well as management's discussion and analysis, are now available on
SEDAR (www.sedar.com).
Highlights for the year ending December 31, 2012 include the following:
- total revenue increased 9%, to $41.84
million from $38.34 million,
compared to the previous year;
- earnings from operations (before income tax and interest)
increased 8%, to $3.36 million from
$3.10 million, compared to the
previous year;
- earnings before income taxes (including earnings from
operations and interest) increased 7%, to $7.84 million from $7.36
million, compared to the previous year; and
- total interest increased 11% to $4.70
million from $4.22 million,
compared to 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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