(Alliance News) - Compagnia Immobiliare Azionaria Spa reported Wednesday that it posted a net loss of EUR234,000 in the first quarter of the year, worsening from a loss of EUR104,000 as of March 31, 2023.

Revenues increased to EUR124,000 from EUR71,000 in the same period of 2023.

Ebitda is negative EUR65,000 from the negative figure of EUR97,000 as of March 31, 2023.

Operating income is negative EUR220,000, worsening from minus EUR97,000 in the first three months of 2023.

Net financial position is negative EUR6.2 million from minus EUR5.2 million as of March 31, 2023.

The stock of Share Real Estate Company closed Wednesday flat at EUR0.04 per share.

By Chiara Bruschi, Alliance News reporter

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