News and events
Audur turns a profit and contributes 10 million to the Women’s Wealth at Work Fund (3W Fund)
Audur’s Annual General Meeting was held this week. In spite of challenging market conditions, we managed to turn a healthy profit of 56 million ISK. The Company is financially sound with 1,2 billion ISK in equity and debt free. Audur’s Board of Directors decided to contribute 10 million ISK into Audur’s Women’s Wealth at Work Fund (3W Fund).
The Fund supports women’s initiative in less developed parts of the world and Audur will continue to contribute 1% of its profits into the fund annually.
Customers of Audur Capital are also invited to contribute 1% of their returns into the fund. The Board of the 3W Fund will announce its contributions annually on June 19th.
