Brief: Getin Holding Q1 Net Result Turns To Loss 218.3 Mln Zlotys

Getin Holding SA

25/05/2022 07:57

May 25 (Reuters) - Getin Holding SA  GTN.WA :
    * Q1 NET LOSS 218.3 MILLION ZLOTYS VERSUS PROFIT OF 13.9
MILLION
ZLOTYS YEAR AGO
    * Q1 NET INTEREST INCOME 73.6 MILLION ZLOTYS VERSUS 50.3
MILLION
ZLOTYS YEAR AGO
    * Q1 NET FEE AND COMMISSION INCOME 7.0 MILLION ZLOTYS VERSUS
11.2
MILLION ZLOTYS YEAR AGO
    * Q1 IMPAIRMENT LOSSES  248.1 MILLION ZLOTYS VERSUS 11.1
MILLION
ZLOTYS YEAR AGO
    * WAR IN UKRAINE MAY SERIOUSLY THREATEN INCOME FROM
COMPLETED SALE
OF ASSETS IN RUSSIA
    * UNDER ASSETS SALE DEAL COMPANY TO GET  PAYMENT VIA TRUST
ACCOUNTS IN SUBSEQUENT YEARS
    * FACTORS INCLUDING WAR IN UKRAINE, COVID-19 PANDEMIC WILL
HIT
UNITS' RESULTS AND EQUITY, WHICH MAY CAUSE SOME UNITS TO NOT
MEET CAPITAL REQUIREMENTS

Source text for Eikon:  ID:nEM9LNN39a 
Further company coverage:  GTN.WA 

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