OREANDA-NEWS. May 03, 2011. As at the end of first quarter 2011, AS Trigon Property Development owned one property development project involving 36-hectare land plot in the City of Parnu, Niidu area. Trigon Property Development AS considers expansion of business activity and analyses acquisition opportunities for different new projects.

Condensed consolidated statement of financial position as of 31.03.2011 and 31.12.2010 delivered by the present announcement completely reflects the assets, liabilities and equity capital of AS Trigon Property Development.

According to the condensed consolidated statement of comprehensive income the net loss for 3 months 2011 of AS Trigon Property Development is 8 432 euros and the earnings per share is –0.00187 EUR.

As of 31.03.2011 the consolidated assets of AS Trigon Property Development were 4 188 307 euros. The consolidated equity of the company was 3 898 125 euros, corresponding to 93.07 % of the total balance sheet.