Brief: Getin Holding Q2 Net Profit To Be Lowered By Idea's Write-Downs, Provisions

Getin Holding SA

20/08/2018 15:20

Aug 20 (Reuters) - GETIN HOLDING SA  GTN.WA :
    * SAYS ITS UNIT'S IDEA SA  IDE.WA  RECOGNISED WRITE-DOWNS
AND SET
PROVISIONS WILL LOWER THE COMPANY'S NET RESULT BY 95 MILLION
ZLOTYS IN Q2
    * A WRITE-DOWN RELATED TO IDEA'S INVESTMENT IN TAX CARE SA
WILL
LOWER CO'S NET RESULT BY ADDITIONAL 78 MILLION ZLOTYS
    * REVISIONS TO IDEA'S CONSOLIDATED OWN CAPITALS AT 2017
YEAR-END
TO LOWER THE COMPANY' CONSOLIDATED OWN CAPITALS BY 79 MILLION
ZLOTYS
    * IDEA BANK SAID ON AUG. 17 THAT WRITE-DOWNS AND PROVISIONS
WERE
TO IMPACT ITS Q2 RESULTS  urn:newsml:reuters.com:*:nL8N1VB0HI

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM9f8gpta
    
 Further company coverage:  GTN.WA   IDE.WA  
   


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