May 30, 2017 / 7:20 AM / 2 months ago

Russia's TCS Q1 net profit in line with f'cast at 3.4 bln rbls

1 Min Read

MOSCOW, May 30 (Reuters) - Russian consumer lender TCS Group made 3.4 billion roubles ($60.16 million) of net profit in the first quarter, it said on Tuesday, in line with analysts' forecasts.

TCS Group made 1.9 billion roubles of profit in the first quarter last year.

London-listed TCS said its share of non-performing loans fell to 9.6 percent in the first three months of 2017 from 10.2 percent a year earlier, while its net interest margin rose from 25.4 percent to 26.6 percent.

It added that it had approved an interim dividend of $0.17 per share/per GDR and that it was on track to meet its full-year targets.

$1 = 56.5143 roubles Reporting by Alexander Winning; Editing by Christian Lowe

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below