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CNL Capital: Earnings before taxes increased in the nine months

CNL Capital announced its financial results for the nine months of 2021.

The company announced a profit of € 294,208 during the period 01.01.2021-30.09.2021, against a loss of € 172,591 during the corresponding period of 2020.

The total income of the company for the period 01.01.2021-30.09.2021 amounted to € 660,238, reduced by 23% compared to the corresponding period of 2020. Respectively, its total expenses (excluding provisions for credit risk) amounted to € 383,944 reduced by 16% compared to the corresponding period of 2020.

The company continued during the third quarter the positive course recorded in its published financial statements for the first half of 2021. Thus, during the period 01.01.2021-30.09.2021, it strengthened its investment activity and achieved satisfactory financial performance , returning to profitability, against losses during the corresponding period last year.

Specifically, the company invested during the period 01.01.2021-30.09.2021, the total amount of € 7.12 million covering 14 new issues of small and medium-sized bond loans, against 12 issues with a total value of € 5.45 million during period 01.01.2020-30.09.2020.

The announcement in detail:

CNL CAP- ANNOUNCEMENT

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Source From: Capital

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