Reduced Net Income at C-Quadrat

Professional ServicesFinancial Services ♦ Published: May 7, 2012; 15:32 ♦ (Vindobona)

“Satisfactory result despite continuing uncertain market environment”. The Austrian investment fund C-Quadrat´s operating income reached € 10.9m.

Reduced Net Income at C-Quadrat / Picture: © C-Quadrat

In the interim period 1-3/2012 C-Quadrat Investment AG realized a consolidated net profit of € 0.7m despite the continuing uncertain environment on the capital markets. Operating income in the first quarter of 2012 amounted to € 10.9m. In terms of costs, fee and commission as well as personnel expenses were significantly reduced in relation to the same period in the previous…