August 28, 2018 / 9:28 AM / 3 months ago

EARNINGS POLL-Russia's TCS Group Q2 net profit seen up 46 pct y/y

    * TCS Group to report Q2 results on Aug. 29
    * TCS Group main asset is Tinkoff Bank 
    * Q2 net profit seen up 46 pct y/y

    MOSCOW, Aug 28 (Reuters) - TCS Group, whose key asset is Tinkoff Bank, is expected
to post a 46 percent increase, year-on-year, in its second quarter net profit to 6.14 billion
roubles ($91.7 million), backed by strong net interest income and a growing loan portfolio, a
Reuters poll of analysts showed on Tuesday. 
    TCS Group, whose largest shareholder is businessman Oleg Tinkov, is set to report its second
quarter results on Aug. 29. Below is a table with analysts' forecasts, in billion of roubles. 
    
                Net     Provisi    Net interest       Op.income     Costs          Loans
              profit      ons         income                                
 Average       6.14       3.2          14.6             19.3         8.6           162.3
 Q2, 2017       4.2        2           11.2             18.4         3.7           121.2
 Q1, 2018       5.7       3.2          14.0             25.2         5.1           139.8
 Contributors included Sberbank CIB, BCS, Sova Capital, Uralsib, Goldman Sachs and Aton.
    ($1 = 66.9725 roubles)

 (Reporting by Tatiana Voronova; Writing by Katya Golubkova; Editing by Mark Potter)
  
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