KBC Ancora, a Belgian investment firm, has reported a net profit of €368.3 million for the fiscal year 2023/2024, a significant increase from the previous year’s €298.9 million. The company’s earnings were primarily driven by dividends received from its 18.6% stake in KBC Group. The results were released on August 30, 2024, and are subject to approval at the company’s General Meeting on October 25, 2024. The company’s performance highlights the strength of its investment portfolio and its ability to generate substantial returns for its shareholders.
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