Brief: KBC Ancora H1 Loss Turns To Profit Of 223.9 Million Euros

Kbc Ancora NV

28/01/2022 16:47

Jan 28 (Reuters) - KBC Ancora BV  KBCA.BR :
    * INTERIM FINANCIAL REPORT 2021/2022
    * BALANCE SHEET TOTAL AT 31 DECEMBER 2021 STOOD AT EUR 3.7
BILLION, AN INCREASE OF EUR 50.7 MILLION COMPARED WITH END OF
FINANCIAL YEAR 2020/2021
    * KBC ANCORA RECORDED A PROFIT OF EUR 223.9 MILLION IN FIRST
SIX
MONTHS OF CURRENT FINANCIAL YEAR, COMPARED WITH A LOSS OF EUR
8.1 MILLION IN SAME PERIOD IN PREVIOUS FINANCIAL YEAR
    * NET ASSET VALUE OF ONE KBC ANCORA SHARE AT 31 DECEMBER
2021 WAS
THUS EQUIVALENT TO PRICE OF 0.99 KBC GROUP SHARES LESS EUR 3.02
    * DURING SECOND HALF OF FINANCIAL YEAR 2021/2022, KBC ANCORA
WILL
MAKE NECESSARY PREPARATIONS AND TAKE APPROPRIATE DECISIONS IN
RESPECT OF LOANS (TOTALLING EUR 100 MILLION) WHICH MATURE IN MAY
2022
    * AT 31 DECEMBER 2021, CASH POSITION STOOD AT EUR 115.1
MILLION
    * INTERIM DIVIDEND OF EUR 1.00 PER KBC GROUP SHARE
DISTRIBUTED IN
RESPECT OF FINANCIAL YEAR 2021, AND AN EXTRA DIVIDEND OF EUR
2.00 PER KBC GROUP SHARE IN RESPECT OF FINANCIAL YEAR 2020
    * KBC GROUP REPORTED A NET RESULT OF EUR 1.95 BILLION FOR
FIRST
NINE MONTHS OF 2021

Source text for Eikon:  ID:nGNEc8Vfb6 
Further company coverage:  KBCA.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))