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BRIEF-TK Development Q1 2017/2018 Profit before tax swings up at DKK 0.1 million
June 16, 2017 / 7:01 AM / a month ago

BRIEF-TK Development Q1 2017/2018 Profit before tax swings up at DKK 0.1 million

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June 16 (Reuters) - TK DEVELOPMENT A/S:

* ‍PROFIT BEFORE TAX FOR Q1 2017/18 WAS DKK 0.1 MILLION, AS COMPARED WITH A LOSS OF DKK 4.1 MILLION IN Q1 2016/17​

* ‍TOTAL ASSETS AMOUNTED TO DKK 2,893.9 MILLION AT 30 APRIL 2017 AGAINST DKK 2,852.9 MILLION AT 31 JANUARY 2017​

* ‍MANAGEMENT STILL EXPECTS A PROFIT OF DKK 100-120 MILLION BEFORE TAX FOR 2017/18​

* ‍LOSS AFTER TAX WAS DKK 0.9 MILLION COMPARED WITH A LOSS OF DKK 3.7 MILLION FOR Q1 2016/17​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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