Privately-owned EGD Holding has reported a solid year in 2018, with much of the profits for the diversified Norwegian company generated from the company’s real estate and shipping activities.
The Bergen-based company last year had a pre-tax profit of NOK 125m ($14.7m) against a NOK 92m profit in 2017. Operating revenue increased from NOK 940m to NOK 1.167bn.
EGD's shipping activity represents revenues of NOK 555m, or close to half of the group revenue.
