Remarkable Growth for EfTEN United Property Fund in 2024
Significant Financial Milestone for EfTEN United Property Fund
The Management Board of EfTEN Capital AS has successfully approved the financial results of the EfTEN United Property Fund for the year 2024. The audited financial report indicates consistency in the results when compared to the preliminary financial data previously released.
Revenue and Profit Growth in 2024
In an impressive turnaround, the EfTEN United Property Fund generated a revenue of 1.821 million euros, which marks a substantial increase from the 60 thousand euros recorded in 2023. This impressive earnings report reflects the robust operational strategies implemented by the fund, highlighting its ability to rebound after a challenging previous year.
Notably, the fund celebrated its largest annual net profit in its history, amounting to 1.623 million euros. This stands in stark contrast to the previous year, which saw the fund incurring a net loss of 179 thousand euros. This transformation showcases the effective management and strategic initiatives undertaken by the team, significantly enhancing value for the investors.
Accessing Detailed Financial Reports
For those interested in the in-depth details of the fund’s performance, the full audited report for 2024 is readily available. Investors and stakeholders can access this report through the fund's official website, offering a comprehensive glimpse into its financial health and future prospects.
Contact Information for Further Inquiries
For queries related to the financial results or general inquiries, Kristjan Tamla, the Managing Director, is available for assistance. Kristjan can be reached via phone at 655 9515. Alternatively, email inquiries can be directed to kristjan.tamla@eften.ee.
About EfTEN United Property Fund
EfTEN United Property Fund has demonstrated remarkable growth in its financial results, reflecting a strong commitment to sustainability and profitability. This is crucial not just for the fund’s health, but also for the long-term benefits it provides to its investors. As part of the Tallinn Stock Exchange (ticker: Tallinn:EFCUPFFT), the fund is dedicated to maximizing shareholder value while adhering to responsible investment practices.
The Future is Bright
Looking ahead, EfTEN United Property Fund is well-positioned to capitalize on market opportunities, with strategic plans in place to continue its trajectory of success. As the economic landscape evolves, the fund is committed to adapting and optimizing operations to meet market demands effectively.
Frequently Asked Questions
What were the key financial results of EfTEN United Property Fund in 2024?
The fund reported a revenue of 1.821 million euros and a record net profit of 1.623 million euros in 2024.
How does the 2024 performance compare to 2023?
The 2024 performance marks significant growth compared to 2023, where the fund recorded only 60 thousand euros in revenue and experienced a net loss.
Where can I find the full audit report?
The complete audited report can be accessed on the fund's official website for those interested in detailed insights.
Who can I contact for more information?
Kristjan Tamla, the Managing Director, can be reached via phone at 655 9515 or through email at kristjan.tamla@eften.ee.
What is the stock ticker for EfTEN United Property Fund?
The fund trades under the ticker Tallinn:EFCUPFFT on the Tallinn Stock Exchange.
About The Author
Contact Caleb Price privately here. Or send an email with ATTN: Caleb Price as the subject to contact@investorshangout.com.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.
