Brief: CPH Chemie Und Papier Expects FY Net Result Of Around CHF 40 Mln

CPH AG

26/10/2020 05:41

Oct 26 (Reuters) - CPH CHEMIE UND PAPIER HOLDING AG
 CPHN.S :
    * CPH GROUP WILL TRANSFER LAND AT THE PERLEN SITE TO THE
NEWLY
FOUNDED REAL ESTATE COMPANY PERLEN PAPIER IMMOBILIEN AG AT
MARKET VALUE
    * TAX LOSS CARRYFORWARDS IN THE AMOUNT OF CHF 97 MILLION
FROM
PREVIOUS YEARS CAN BE OFFSET
    * THIS TRANSACTION RESULTS IN DEFERRED TAX INCOME OR
DEFERRED TAX
ASSET OF AROUND CHF 12 MILLION
    * EXPECTS SPECIAL INCOME IN 2020 TO BE AROUND CHF 26 MILLION
    * EXPECTS A NET RESULT OF AROUND CHF 40 MILLION FOR 2020

Source text for Eikon:  ID:nNDL4CbZ2j 
Further company coverage:  CPHN.S 

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