Brief: MWB Fairtrade Wertpapierhandelsbank Expects Improvement In 2019 Profit From Normal Business Activities

mwb fairtrade Wertpapierhandelsbank AG

16/01/2020 09:46

Jan 16 (Reuters) - MWB FAIRTRADE WERTPAPIERHANDELSBANK AG
 MWBG.DE :
    * FY NET INCOME OF EUR 1,783 THOUSAND (PREVIOUS YEAR: EUR
631
THOUSAND)
    * PRELIMINARY GENERAL ADMINISTRATIVE EXPENSES ROSE
MODERATELY TO
EUR 16,488 THOUSAND (PREVIOUS YEAR: EUR 15,944 THOUSAND)
    * FY PROVISIONAL COMMISSION INCOME EUR 4,670 THOUSAND
(PREVIOUS
YEAR: EUR 4,326 THOUSAND)
    * PROVISIONAL PERSONNEL EXPENSES INCLUDED THEREIN ROSE TO
EUR
5,893 THOUSAND (PREVIOUS YEAR: EUR 5,564 THOUSAND)
    * AS OF DECEMBER 31, 2019, THE COMPANY'S EQUITY AMOUNTED TO
EUR
13,593 THOUSAND AS COMPARED TO EUR 12,329 THOUSAND YEAR AGO
    * INCREASE IN EQUITY ESSENTIALLY RESULTS FROM THE
PROVISIONAL NET
PROFIT FOR THE 2019 FINANCIAL YEAR, LESS THE DIVIDEND PAYMENT
MADE IN 2019 IN THE AMOUNT OF EUR 372 THOUSAND
    * EXPECTS IMPROVEMENT IN PROFIT FROM NORMAL BUSINESS
ACTIVITIES TO
AROUND EUR 1,949 THOUSAND IN 2019 VERSUS EUR 668 THOUSAND IN
2018

Source text for Eikon:  ID:nEQ5RSXjna 
Further company coverage:  MWBG.DE 

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