Brief: Pro Kapital Grupp Q1 Net Loss At EUR 2.1 Million

Pro Kapital Grupp AS

01/06/2021 06:07

June 1 (Reuters) - Pro Kapital Grupp AS  PKG1T.TL :
    * REPORTED ON MONDAY Q1 TOTAL REVENUE EUR 6.6 MLN VS EUR 5.9
MLN
YR AGO
    * Q1 NET LOSS EUR 2.1 MLN VS LOSS OF EUR 4.0 MLN YR AGO
    * SAYS WHEN TMK'S BANKRUPTCY IS DECLARED DISCONTINUING
CONSOLIDATION WILL INFLUENCE CONSOLIDATED RESULTS BY EUR 26
MILLION NEGATIVELY, BUT IT WILL HAVE A POSITIVE EFFECT TO THE
GROUP'S FINANCIAL RESULTS DUE TO DERECOGNITION OF NEGATIVE
EQUITY OF THE SUBSIDIARY
    * SAYS BANKRUPTCY OF TMK WILL NOT AFFECT LIQUIDITY OF THE
GROUP
NOR SHORT-TERM CASH FLOWS

    
    
 Source text: https://bit.ly/34xF3Er
    
 Further company coverage:  PKG1T.TL  
   


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