Brief: Groenlandsbanken Says Downward Revision Of Expectations To Profit Before Tax
19/10/2022 17:54
Oct 19 (Reuters) - Groenlandsbanken A/S GRLA.CO :
* DOWNWARD REVISION OF EXPECTATIONS TO PROFIT BEFORE TAX
* BANK OF GREENLAND REVISES ITS EXPECTATIONS DOWNWARDS FOR
YEAR
2022 TO A PROFIT BEFORE TAX RESULT OF DKK 90 - 120 MILLION
* REVISED DOWNWARD EXPECTATIONS ARE DUE TO NEGATIVE VALUE
ADJUSTMENTS CAUSED BY DEVELOPMENT IN BOND MARKET
Source text for Eikon: ID:nGNE3CPQjv
Further company coverage: GRLA.CO
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