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TCS - TCS Holding News Story

$26.35 -0.1  -0.6%

Last Trade - 18/09/20

Sector
Financials
Size
Large Cap
Market Cap £4.00bn
Enterprise Value £4.08bn
Revenue £1.62bn
Position in Universe 182nd / 1807

BRIEF-Russia's TCS Q3 net income up 75 pct, gives 2018 guidance

Mon 20th November, 2017 6:00am
Nov 20 (Reuters) - TCS Group Holding Plc  TCSq.L  says: 
    * Q3 net income up 75 pct y-o-y to 5.0 billion roubles  
($84.40 
million); 
    * The board approved the third interim gross dividend for 
2017 of 
$0.22 per share/GDR; 
    * The board also approved a special interim dividend of 
$0.18 per 
share/GDR; 
    * Expects 2018 net income to be at least 24 bln roubles; 
    * Net loan growth to be at least 25 pct in 2018; 
    * Sees cost of risk to be around 7-8 pct in 2018; 
    * The cost of borrowing to be around 7-8 pct in 2018. 
 
 Source text for Eikon:  urn:newsml:reuters.com:*:nEQ7GMfjfa 
 Further company coverage:  TCSq.L  
 ($1 = 59.2436 roubles) 
 
 (Reporting by Moscow Newsroom) 
 ((maria.kiselyova@thomsonreuters.com))
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