In the first quarter of 2018, the INC Group incurred a net loss of PLN 0.750 million. At the end of the first quarter of 2018, the equity of INC SA Capital Group amounted to PLN 26.563 million.
In the first quarter of 2018, INC S.A. focused its activities on attracting customers for the introduction on the NewConnect market, including on the basis of EU funds under the 4Stock programme. One company should have its debut on the market in the second quarter of 2018, the next one is awaiting the registration of the issue by the Court. Several companies are in the process of transforming their legal form into a public limited company.
Carpathia Capital S.A., an investment company in the Group, has closed the quarter with a net profit and plans to pay out a dividend for 2017. In the first quarter of 2018, the Polish Financial Supervision Authority entered INC Private Equity Alternative Investment Company S.A., a subsidiary of INC S.A., into the register of Alternative Investment Companies Management.
The subsidiary INC – INC Rating Sp. z o.o. is implementing two important projects financed with funds which will expand the product offer of this company and introduce to our market innovative products in the field of assessing the creditworthiness of entities.
The INC Group’s objective in the next part of the year will be to continue intensive acquisition of new customers, as well as to build competent channels of sale of financial instruments.