Globe Trade Centre (GTC) has posted its Q2 2008 results. Revenues from operations increased 46% YoY to €19.1 million resulting mainly from lease commencement in newly completed buildings, as well as the increase of rental income in existing shopping centers and office buildings.
Net profit was €42.8 million vs €34.8 million in Q1 2008 (23% increase QoQ). A year ago, Q2 2007 net profit was €77.9 million