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Earnings of the listed and to-be-listed companies

Aug 19, 1999

Estonia> The Compensation Fund earned an operating profit of 72.6 million kroons ($4.97 million) in the first half of this year. The fund posted a loss of 184.4 million kroons for the first six months of 1998. Income from interest was 75.9 million kroons, half of which came from investments in debt securities. Margus Uudam, head of the fund's financial division, told the Baltic News Service the high profitability of investment was due to long-term investments in Scandinavian bonds. A drop in int ...

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