Mar. 28, 2011 (Canada NewsWire Group) --
CALGARY, March 28 /CNW/ - Olympia Financial Group Inc. (TSXV: OLY) is pleased to announce its operating and financial results for the year ended December 31, 2010. The audited financial statements and notes, as well as management's discussion and analysis, are now available on SEDAR (www.sedar.com).
- Highlights for the year ended December 31, 2010 include the following:
- earnings from operations increased 60%, to $8.13 million from $5.09 million, compared to the previous year;
- total revenue increased 25%, to $35.79 million from $28.54 million, compared to the previous year;
- interest income increased 158%, to $2.92 million from $1.13 million, compared to the previous year; and
- net earnings after tax increased 14%, to $5.86 million from $5.14 million, compared to the previous year.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Rick Skauge, President, at (403) 261-7501, e-mail ricks@olympiatrust.com or visit the website www.olympiatrust.com.