Brief: Wiener Privatbank H1 Profit Down At Loss EUR 0.54 Mln

Wiener Privatbank SE

15/09/2020 07:02

Sept 15 (Reuters) - WIENER PRIVATBANK SE  WPBI.VI :
    * H1 PROFIT FOR THE PERIOD EXCLUDING MINORITY INTERESTS FELL
TO
EUR -0.54 MILLION (1-6 / 2019: EUR 1.71 MILLION)
    * CONTINUED FOCUS ON POSITIONING AS A DYNAMIC SPECIALIST
BANK WITH
  CLEAR FOCUS ON ASSET AND CAPITAL MARKET EXPERTISE
    * H1  NET INTEREST INCOME AMOUNTS TO EUR 2.15 MILLION (1-6 /
2019:
EUR 2.40 MILLION) AND THE COMMISSION INCOME TO EUR 4.70 MILLION
(1-6 / 2019: EUR 4.62 MILLION)
    * SECOND QUARTER, THE RESULT FROM REAL ESTATE TRADING COULD
BE
INCREASED FROM EUR 1.41 MILLION TO EUR 1.62 MILLION
    * THE RISK PROVISION ROSE MINIMALLY FROM EUR 0.07 MILLION IN
THE
PREVIOUS YEAR TO EUR 0.09 MILLION IN HALF YEAR 2020
    * THE STRONGEST EFFECTS CAUSED BY COVID-19 ARE AND FINANCIAL
MARKETS, THE ITEM "RESULT FROM FINANCIAL AND ECONOMIC ASSETS OF
EUR -2.07 MILLION (1-6/2019: EUR 0.95 MILLION) AFFECTED
    * H1 EARNINGS BEFORE TAXES AMOUNTED TO EUR -0.79 MILLION.
(1-6/2019: EUR 2.34 MILLION)

Source text for Eikon:  ID:nAPA9jZ5Yv 
Further company coverage:  WPBI.VI 

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