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TCS - TCS Holding News Story

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Sector
Financials
Size
Large Cap
Market Cap £8.72bn
Enterprise Value £8.51bn
Revenue £1.59bn
Position in Universe 131st / 1819

Russia's TCS Group sees net profit at 75 bln roubles in 2023 - Ifax

Wed 7th April, 2021 2:06pm
MOSCOW, April 7 (Reuters) - Russian lender TCS Group Holding
 TCSq.L  said it sees average annual growth in its net profit at
more than 20% until it reaches 75 billion roubles ($962.1
million) in 2023, the Interfax news agency reported on
Wednesday.
    TCS posted a 22% increase in net profit last year to 44.2
billion roubles, a record high, as the Russian bank said the
number of customers for its non-credit products exceeded those
seeking credit for the first time.  urn:newsml:reuters.com:*:nL8N2L91M4
    ($1 = 77.9570 roubles)

 (Reporting by Vladimir Soldatkin; Writing by Alexander Marrow;
Editing by Jan Harvey)
 ((alexander.marrow@thomsonreuters.com;))
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