Olympia Announces Second Quarter Results
28 August 2012 - 8:30AM
PR Newswire (Canada)
CALGARY, Aug. 27, 2012 /CNW/ - Olympia Financial Group Inc. today
announced its operating and financial results for the three month
period ended June 30, 2012. The unaudited condensed interim
financial statements and notes, as well as management's discussion
and analysis, are now available on SEDAR (www.sedar.com). Notables
for the three month period ended June 30, 2012 include the
following: -- total revenue increased 2%, to $10.32 million from
$10.10 million, compared to the same quarter of the previous year;
-- earnings from operations (before income tax) decreased 17%, to
$1.87 million from $2.25 million, compared to the same quarter of
the previous year; -- earnings before income tax decreased 13%, to
$1.99 million from $2.28 million, compared to the same quarter of
the previous year; and -- total interest of $1.33 million remained
unchanged, 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. Olympia Financial Group Inc. CONTACT: Rick Skauge,
President, at (403) 261-7501,e-mail ricks@olympiatrust.com or visit
thewebsite www.olympiatrust.com.
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