Olympia Announces Year-End Results
May 29 2013 - 4:56PM
PR Newswire (Canada)
CALGARY, May 29, 2013 /CNW/ - Olympia Financial Group Inc.
(TSXV: OLY) today announced its operating and financial results for
the three month period ended March 31,
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
March 31, 2013 include the
following:
- total revenue increased 15%, to $11.92
million from $10.40 million,
compared to the same quarter of the previous year;
- earnings from operations (before income tax and interest)
increased 57%, to $1.32 million from
$0.84 million, compared to the same
quarter of the previous year;
- earnings before income taxes (including earnings from
operations and interest) increased 44%, to $2.45 million from $1.70
million, compared to the same quarter of the previous year;
and
- total interest increased 21%, to $1.20
million from $0.99 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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