Brief: Bank Of Greenland's Profit Before Tax For Q1 at DKK 37.9 Mln

Groenlandsbanken A/S

08/05/2019 16:37

May 8 (Reuters) - Groenlandsbanken A/S  GRLA.CO :
    * REG-QUARTERLY REPORT Q1 2019
    * BANK OF GREENLAND'S PROFIT BEFORE TAX FOR Q1 2019 IS DKK 37.9 MILLION COMPARED TO DKK 34.1
MILLION FOR Q1 2018
    * BANK OF GREENLAND MAINTAINS ITS EXPECTATION OF A PROFIT FOR 2019BEFORE TAX AT LEVEL OF DKK
130-150 MILLION COMPARED TO DKK 140 MILLION IN 2018
    * Q1 WRITE-DOWNS ON LOANS AND GUARANTEES SHOW A SMALL DECLINE, AMOUNTING TO DKK 1.7 MILLION
AND
AMOUNTS TO MODEST DKK 1.8 MILLION
    * Q1 NET INTEREST AND FEE INCOME AMOUNT TO DKK 79.8 MILLION AND HAS INCREASED WITH DKK 1
MILLION

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

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