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On February 26, the management of AS Infortar announced the financial results for the fourth quarter of 2023 and commented on both the results and the principles of dividends to be paid at a webinar. The webinar can be watched here.
"The financial results of the group for the past year are adorned with the largest profit of all time - in the results of the first 9 months, we announced that the volume of our assets approached 1.5 billion. We were able to adapt quickly and flexibly during difficult times, turn the demanding challenges arising from market changes into success, and ultimately achieve a strong result," said Ain Hanschmidt, Chairman of the Board of Infortar.
The brightest events in the company's activities over the last twelve months were undoubtedly related to energy, and the number of passengers on the Baltic Sea also recovered to the pre-pandemic level.
"Despite the extraordinary year, these were not one-off results - Infortar's shares with the trading symbol INF1T are listed on the Tallinn Stock Exchange, our investment portfolio is diverse and cross-border, proven in crises and has great growth potential. As long-term experienced investors ourselves, we want to offer our investors dividend security," added Hanschmidt.
