The Echo Investment capital group closed H1 2013 with a net profit of PLN 302 mln, which was over 200% higher compared to H1 2012. The company’s net revenue exceeded PLN 265 mln and stayed at a similar level compared to the corresponding period last year (PLN 277 mln). Its operating profit amounted to PLN 489 mln at the end of H1 2013 and was 570% higher compared to EBIT at the end of H1 2012.

The revenue generated in H1 2013 and divided into three basic market segments which the Issuer operates in was as follows: shopping centres – PLN 160 mln, offices and hotels – PLN 52 mln, apartments – PLN 51 mln, others – PLN 3 mln. Total assets of the Echo Investment capital group increased by nearly 12% compared to the asset value at the end of H1 2012 and they exceeded PLN 5.8 bln. The equity of the Issuer"s capital group was worth PLN 2.75 bln i.e. over 26% more compared to last year"s value. At the end of H1 2013 the Echo Investment capital group had over PLN 422 mln of cash, which constitutes an annual growth of PLN 85.6 mln.