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Main Market, Helsinki News

Main Market, Helsinki News

Nyhetsuppdatering från Panostaja Oyj

Insiderinformation: Panostaja writes down approximately EUR 3.1 million of loan receivables

Panostaja Oyj, a Finnish investment company, has written down approximately EUR 3.1 million of loan receivables connected to the vendor loan given during the sale of KotiSun Group Oy. The write-down covers the entire carrying amount of the loan receivable. The decision was made after a regular review of loan receivables valuation. The write-down will be recorded in the Q2 results for the fiscal year 2024, but will not impact Panostaja's comparable operating profit or cash flow. The company will publish its half-year financial report for November-April on 30 May 2024.

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