Brief: BANK of Greenland's Profit Before Tax For H1 19 Is DKK 69.4 mln, Compared To DKK 68.7 mln In 2018

Groenlandsbanken A/S

20/08/2019 16:26

Aug 20 (Reuters) - Groenlandsbanken A/S  GRLA.CO :
    * REG-THE BANK OF GREENLAND - HALF YEAR REPORT 2019
    * SAYS HY NET INTEREST AND FEE INCOME AMOUNTS TO TDKK
158,894,
COMPARED TO TDKK 155,504 FOR SAME PERIOD OF 2018.
    * PROFIT BEFORE TAX FOR FIRST HALF OF 2019 IS DKK 69.4
MILLION,
COMPARED TO DKK 68.7 MILLION IN 2018
    * MAINTAINS ITS EXPECTATION OF A RESULT BEFORE TAX FOR THE
YEAR AT
LEVEL OF DKK 130 - 150 MILLION, COMPARED TO DKK 140 MILLION IN
2018
    * GROENLANDSBANKEN- WRITE-DOWNS ON LOANS AND GUARANTEES
AMOUNTING
TO TDKK 4,787 AT END OF JUNE 2019, COMPARED TO TDKK 6,666 FOR
SAME PERIOD OF 2018

Source text for Eikon:  ID:nGNEbR9lH0 
Further company coverage:  GRLA.CO 

 ((Reuters.Briefs@thomsonreuters.com;))