EEII AG Publishes Half Year Results as of June 30, 2024

EEII AG reported a loss of CHF 224,521 for the first half of 2024, worsening from a loss of CHF 176,777 in H2 2022. The net asset value (NAV) of EEII shares was CHF -0.11 at the end of June 2024, a decline of CHF -0.13 per share since January.

EEII AG has set the stage for a new investment strategy focused on energy infrastructure in Switzerland and Europe, moving away from Eastern Europe and Russia due to challenging conditions. Gazprom shares were sold, marking the end of the previous strategy.

At an extraordinary general meeting on June 17, 2024, a new six-member board of directors was appointed to implement the new strategy. EEII aims to become a recognized company in energy infrastructure in Switzerland and Europe.