The negative result is mainly due to changes in exchange rates and the valuation of holdings, acquired in euros.
The holding company Ci Com ended the first six months of the current year with a net loss of around 212,000 francs, it said on Friday. In the first half of the previous financial year, the company had generated a net profit of nearly 138,000 francs.
The negative result is mainly due to changes in exchange rates and the valuation of holdings, acquired in euros.
The operating result is -80,000 francs, after -89,000 francs a year earlier. At the end of June, shareholders’ equity was negative (-7.3 million francs) and debt amounted to 10.9 million.
Looking ahead, there are investment opportunities with persistent inflation and rising rates. The market environment, however, requires high attention.