Brief: Groenlandsbanken H1 Profit Before Tax Falls To DKK 45.8 Mln

Groenlandsbanken A/S

17/08/2022 15:36

Aug 17 (Reuters) - Groenlandsbanken A/S  GRLA.CO :
    * REG-THE BANK OF GREENLAND’S REPORT FOR THE FIRST HALF OF
2022
    * PROFIT BEFORE TAX AMOUNTS TO DKK 45.8 MIO. FOR H1 2022,
COMPARED
TO DKK 74.8 MILLION FOR FIRST HALF OF 2021
    * H1 NET INTEREST AND FEE INCOME AMOUNTS TO TDKK 167,808
COMPARED
TO TDKK 168,148 IN 2021.
    * WRITE-DOWNS ON LOANS AND GUARANTEES WERE REDUCED BY TDKK
219
FROM FIRST HALF OF 2021 AND AMOUNTED TO TDKK 2,112 FOR H1
    * FORECAST FOR YEAR'S PROFIT BEFORE TAX ESTIMATED AT A RANGE
OF
DKK 120-140 MILLION  IS MAINTAINED

Source text for Eikon:  ID:nGNE1YY0dq 
Further company coverage:  GRLA.CO 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))