July 25, 2017 / 5:42 AM / 2 years ago

Polish lender Millennium Q2 profit falls 41 pct, but beats forecasts

WARSAW, July 25 (Reuters) - Poland’s Bank Millennium reported a 41 percent year-on-year fall in its second-quarter net profit on Tuesday, as the bank booked a large one-off gain a year earlier.

The Polish unit of Portugal’s Millennium BCP showed a bottom line of 174 million zlotys ($47.6 million), which came above analysts’ expectations of 168 million zlotys. ($1 = 3.6561 zlotys) (Reporting by Marcin Goclowski; Editing by Gopakumar Warrier)

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