Parkiet.Newspaper of the Exchange and Investors asks Ewa Ogryczak, MCI Capital vice-president and CFO about the company’s record financial results (PN 466 mln in 1H of 2021).
We read in Parkiet (Sept, 22): “MCI Capital shares during Tuesday’s session increased by over 10%, reaching PLN 24. Consolidated NAV (Net Asset Value) per share at the end of June 2021 was worth PLN 34.7. It increased by 28 percent compared to the end of last year and by 41 percent y-t-y. The net result of MCI in the first half of 2021 amounted to over PLN 466 million compared to PLN 9.5 million a year ago. Operating profit increased to PLN 353 million from PLN 17.9 million. In the second quarter alone, the company generated a profit on investment (mainly the result on investment certificates) of slightly over PLN 310 million, compared to PLN 13.2 million a year earlier. Krzysztof Radojewski, an analyst at Noble Securities S.A., emphasizes that the profits on the investment were mainly due to the increase in the value of MCI.EuroVentures FIZ assets by PLN 263.4 million and MCI.TechVentures FIZ by PLN 41.5 million. In the MCI.EV FIZ subfund, the profit resulted mainly from the increase in the valuation of the investment in IAI. In the MCI.TV FIZ subfund, among others, from making a profit on exit from Pigu.
Interview with Ewa Ogryczak – Vice President of the Management Board of MCI Capital ASI S.A.