Unaudited Financial Report For The Second Quarter And 6 Months Of 2026

(MENAFN- GlobeNewsWire - Nasdaq) The main business activity of Trigon Property Development AS is real estate development. As at 30.06.2026, AS Trigon Property Development owned one development project with an area of 13.2 hectares in the City of Pärnu, Estonia. A commercial, industrial and logistics park is planned on this area. The Company's objective is to find companies willing to bring their business activities (industry, logistics) to the development project area of AS Trigon Property Development in Pärnu, which would add value to the land plots owned by the Company. As the main purpose of the company is to sell existing land plots, investment property was recognized as inventories.

Condensed statement of financial position as of 30 June 2026 delivered by the present announcement completely reflects the assets, liabilities and equity capital of AS Trigon Property Development.

According to the condensed statement of comprehensive income the net loss for first 6 months of 2026 of AS Trigon Property Development is 50,294 euros and the earnings per share is 0.01118 EUR.

As of 30 June 2026 the assets of AS Trigon Property Development were 1,717,943 euros. The equity of the company was 1,704,973 euros, corresponding to 99.25 % of the total balance sheet.

Condensed statement of financial position

EUR	30.06.2026	31.12.2025
Cash and cash equivalents	147,403	227,911
Trade and other receivables	8,040	14,245
Inventories	1,562,500	1,562,500
Total current assets	1,717,943	1,804,656
TOTAL ASSETS	1,717,943	1,804,656
Trade and other payables	12,971	45,441
Total current liabilities	12,971	45,441
Total liabilities	12,971	45,441
Share capital at book value	449,906	449,906
Share premium	226,056	226,056
Statutory reserve capital	287,542	287,542
Retained earnings	741,468	791,763
Total equity	1,704,973	1,755,267
TOTAL LIABILITIES AND EQUITY	1,717,943	1,804,656

Condensed statement of comprehensive income

EUR	6 M 2026	6 M 2025
Administrative and general expenses	-52,415	-59,442
Operating profit/loss	-52,415	-59,442
Financial income	2,121	5,460
NET LOSS FOR THE PERIOD	-50,294	-53,983
TOTAL COMPREHENSIVE LOSS FOR THE PERIOD	-50,294	-53,983

Rando Tomingas

Member of the Management Board

Telephone: +372 667 9200

E-mail: ...

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