Provisional figures before audit: Significant increases in annual operating profit and net income
Net income was at break-even and provisions for market risks have been used as a result of the synchronized decline in the equity and bond markets, which affected in 2022 the Company's own positions.
Unreserved confirmation of the unaudited figures previously announced in January 2021: the net profit amounted to CHF 1.5 million and the total balance sheet reached CHF 123.7 million (with current assets of CHF 114 million and shareholders’ equity of CHF 84 million).
Despite a sustainable level of activity, it was an ambivalent year, nostro has been undermined by the steep fall-off in financial markets and the strengthening of the Swiss franc. The net income generated a negative result.