Brief: Kreditbanken Q1 Net Interest And Fees Income Up At Dkk 44.8 Mln

Kreditbanken A/S

15/04/2020 15:05

April 15 (Reuters) - Kreditbanken A/S  KRE.CO :
    * Q1 NET INTEREST AND FEES INCOME DKK 44.8 MILLION VERSUS
DKK 39.1
MILLION YEAR AGO
    * Q1 LOAN LOSSES DKK 9.8  MILLION VERSUS REVERSAL OF LOAN
LOSSES
DKK  575,000 YEAR AGO
    * Q1 PRE-TAX PROFIT DKK 4.01 MILLION VERSUS DKK 18.53
MILLION YEAR
AGO
    * NOW SEES 2020 PRETAX RESULT IN RANGE OF DKK 10-40 MILLION
    * PREVIOUS OUTLOOK WAS FY PRE-TAX PROFIT OF DKK 40-70
MILLION
    * CHANGE OF OUTLOOK DUE TO CORONAVIRUS CRISIS

Source text for Eikon:  ID:nGNE4qwbsV 
Further company coverage:  KRE.CO 

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