Profits after tax for state-owned companies fell by SEK 800 million to SEK 19.3 billion during the first half of the year, compared to the same period last year.
This is mainly due to losses by Telia Company’s sale of its holdings in Eurasia, according to the Ministry of Finance.
Turnover for the companies increased by 6.4 per cent and amounted to SEK 172.5 (162.2) billion. Return on equity was SEK 11.6 (8.2) per cent. The value of the state’s listed shareholdings increased by 11.4 per cent to SEK 67.1 billion.
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