(Boursier.com) — As of June 30, the company’s net income Idsud is a loss of -1.48 million euros (including a net provision for the Energy sector of 2 ME) compared to a loss of -6.3 ME a year earlier.
The operating profit amounts to -1.25 ME (-4.4 ME as of June 30, 2022). The financial result is positive by +2.13 ME after taking into account half of the FDJ dividend.
During the first half of the year, the company recorded a calculated tax expense of €191 thousand (E132 thousand as of June 30, 2022).
The company’s current investments amounted to €69k in the first half of 2023.
Outlook
The Idsud company confirms its policy of supporting majority-owned subsidiaries, mainly by continuing the recovery of the renewable energy sector. The end-of-year objective is to consolidate the subsidiary’s resources and means on the new orientation.
The Idsud company should recognize the losses and corresponding depreciation of its Energies subsidiary at the end of the financial year. Consequently, the 2023 financial year should be in deficit in the current scope/context.
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