INC Group with PLN 17.3 mln in capital investments

Brokerage house INC Group published selected estimated financial data as at the end of the first quarter. In the period January-March, the Group significantly strengthened its cash position and achieved a significant increase in the value of equity investments. Currently, the INC Group has PLN 5 million in cash, PLN 14.7 million in capital investments in listed companies and PLN 2.7 million in investments outside the public market.

“The first quarter of 2020 began very well for the Polish capital market. We observed increased interest in the stock exchange and strong increases, especially among small and medium-sized companies or on the NewConnect market. However, the SARS-CoV-2 epidemic meant that we ended the quarter in completely different moods, which is why we are particularly pleased with the strong increase in the value of our capital investments achieved at the end of March while strengthening our cash position” Paweł Śliwiński, president of INC, commented.

(WBJ)