Olympia Announces Year-End Results

About this update from Olympia Financial Group Inc.

[{"type":"text","content":"\n\n\nCALGARY, May 29, 2013 /CNW/ - Olympia Financial Group Inc. (TSXV: OLY)\n today announced its operating and financial results for the three month\n period ended March 31, 2013.\n\n\nThe unaudited condensed interim financial statements and notes, as well\n as management's discussion and analysis, are now available on SEDAR (www.sedar.com).\n\n\nHighlights for the three month period ended March 31, 2013 include the\n following:\n\n\ntotal revenue increased 15%, to $11.92 million from $10.40 million,\n compared to the same quarter of the previous year;\n\n\nearnings from operations (before income tax and interest) increased 57%,\n to $1.32 million from $0.84 million, compared to the same quarter of\n the previous year;\n\n\nearnings before income taxes (including earnings from operations and\n interest) increased 44%, to $2.45 million from $1.70 million, compared\n to the same quarter of the previous year; and\n\n\ntotal interest increased 21%, to $1.20 million from $0.99 million,\n compared to the same quarter of the previous year.\n\n\n\n\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as\n that term is defined in the policies of the TSX Venture Exchange)\n accepts responsibility for the adequacy or accuracy of this release. \n\nSOURCE: Olympia Financial Group Inc.\n\n\n Rick Skauge, President, at (403) 261-7501, e-mail [email protected] or visit the website www.olympiatrust.com. Copyright CNW Group 2013","length":2419,"tagName":"div"}]

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