Medserv

Turnover: €26.9 million (H1 2014: €9.5m)

Pre-tax profit: €4.5 million (H1 2014: €564,007)

Highlight: Group’s 60 per cent share in Misurata, Libya, was sold to the equity partners and assets were brought back to Malta.

 

 

Lombard Bank Group

Profit before tax: €4.3 million (H1 2014: €3.3m)

Net interest income: €6.4 million (H1 2014: €6.8m)

Cost-to-income ratio: 47% (H1 2014: 45.2%)

Impairment allowances: €19m (H1 2014: €18.8m)

Common equity Tier 1 ratio: 16.8% (H1 2014: 15.9%)

Mediterranean Investment Holdings

Profit after tax: €677,661 (HI 2014: €7.3m)

Revenue: €7.9 million (H1 2014: €16.3m)

Operating profit: €5.5 million (H1 2014: €12.2m)

Assets: €287.53 million (December 2014: €290.81m)

Highlights: Palm City, Tripoli, occupancy rate is down to 34.6% because of further cancellations and non-renewals.

International Hotel Investments

Loss after tax: €0.9 million (H1 2014: -€7.6m)

Revenue: €55.4 million (H1 2014: €55.6m)

Ebitda: €14.3 million (H1 2014: €12.4m)

Highlights: The hotel in Tripoli was closed for most of the reporting period, following the incident earlier in the year, but a gradual reopening is under way. The adjacent commercial centre is fully leased out, with minor discounts allowed to the present tenants.

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