Brief: St Galler Kantonalbank H1 Net Profit Up At CHF 82.5 Mln

St Galler Kantonalbank AG

15/08/2019 06:14

Aug 15 (Reuters) - St Galler Kantonalbank  SGKN.S :
    * H1 GROSS PROFIT STANDS AT CHF 108.1 MILLION, UP
SIGNIFICANTLY (+
6.9%) ON THE PREVIOUS YEAR
    * H1 NET PROFIT REACHES CHF 82.5 MILLION (+ 1.7%)
    * SGKB DOES NOT EXPECT A RATE HIKE BY THE SWISS NATIONAL
BANK
UNTIL 2022
    * FOR THE YEAR 2019, SGKB EXPECTS AN OPERATING RESULT IN THE
CONTEXT OF THE PREVIOUS YEAR
    * FY GROUP PROFIT IS EXPECTED TO BE SLIGHTLY BELOW THE
PREVIOUS
YEAR'S LEVEL

    
 Source text - https://bit.ly/2N5v4Pg
    
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