Olympia Announces Third Quarter Results
24 November 2012 - 12:07AM
PR Newswire (Canada)
Olympia Announces Third Quarter Results
CALGARY, Nov. 23, 2012 /CNW/ - Olympia Financial Group
Inc. (TSXV: OLY) today announced its operating and financial
results for the three month period ended September 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
September 30, 2012 include the
following:
- total revenue increased 12%, to $10.58
million from $9.42 million,
compared to the same quarter of the previous year;
- earnings from operations (before income tax) increased 17%, to
$2.35 million from $2.01 million, compared to the same quarter of
the previous year;
- earnings before income tax increased 9%, to $2.15 million from $1.97
million, compared to the same quarter of the previous year;
and
- total interest increased 20% to $1.18
million from $0.98 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 2012 Canada NewsWire
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