Echo Investment Capital Group closed the fourth quarter of 2007 with a net profit amounting to almost 322 million PLN (approx. €83m). Net income of the Group exceeded 380 million PLN (approx. €98m) and is by more than 14% higher, than in the previous year.
Accruing, after four quarters of 2007 the net profit of the company equalled 322 mln PLN and was by approximately 16% higher than the profit obtained in the previous year. The Group noted net income in the amount exceeding 380 mln PLN, which constiututes a growth of more than 14% compared with identical period of 2006.
The result obtained in the fourth quarter was affected mainly by appraising of the owned real property