3i Group reports flat profit, reaffirms expansion strategy

Article Abstract:

3i Group PLC posted flat profits for the year ending March 31, 2001. The company posted 120 million pounds (194 million euros) in pretax profits for the year, compared to 119 million pounds the year before.

United Kingdom, 3i Group PLC

Rodamco is set to announce restructuring

Article Abstract:

Rodamco NV is expected to announce a long-awaited restructuring. The company, the largest property fund in Europe, posted a 7.5% rise in net profits for the fiscal 1998 year. The restructuring is expected to entail the dividing up of the 5.5 billion euro ($5.99 billion) global property fund into individually traded regional funds. Rodamco posted a rise in net profits to 288 million euros for the year ending February 1999.

Comment:

Rodamco expected to announce a long-awaited restructuring

Netherlands, Organizational history, Investment Funds & Trusts, HOLDING AND OTHER INVESTMENT OFFICES, Management, Abstract, Rodamco N.V.

First Pacific's profit in first half fell 74% to 106.6 million euros

Article Abstract:

First Pacific Co. posted a decline of 74% in its net profits for the first-half of 1999. The company posted US$113.1 million (106.6 million euros) in net profits for the period.

Hong Kong, First Pacific Company Ltd.