INVL Baltic Farmland gains net profit of EUR 0.5mn in Jan-Sep 2022

INVL Baltic Farmland, a company that invests in agricultural land, had revenue of EUR 535,000 in the first nine months of this year and an unaudited net profit of EUR 580,000, Invalda INVL reports.

Compared to the same period last year, the company’s revenue grew 11.2% and its net profit doubled. The factor that most impacted the result was the sale in March of a plot of more than 17 hectares of land.