Brief: Kvika Banki Hf Says Net Profit Before Tax For Q2 Will Amount To ISK 450-500 Mln

Kvika banki

19/07/2022 19:58

July 19 (Reuters) - Kvika banki hf  KVIKA.IC :
    * SAYS NET PROFIT BEFORE TAX FOR Q2 WILL AMOUNT TO ISK
450-500
MILLION
    * Q2 NET INTEREST INCOME WAS ISK 1.9 BILLION
    * NET FINANCIAL INCOME FOR Q2 WAS NEGATIVE OF ISK 0.9
BILLION
    * KVIKA BANKI - REASON FOR THE DEVIATION IS CAUSED BY LOWER
NET
FINANCIAL INCOME THAN EXPECTED DUE TO VERY DIFFICULT MARKET
CONDITIONS IN THE QUARTER

Source text for Eikon:  ID:nGNE7TyKT 
Further company coverage:  KVIKA.IC 

 ((Reuters.briefs@thomsonreuters.com;))