PPF Bank set to reach a record profit in 2009
01/22/2010
Highlights
- Anticipated profit after tax of more than CZK 800 million for the year ending 31 December 2009, compared to the corresponding period of 2008, when the Bank posted net profits of CZK 543 million.
- Preliminary income from own activities amounted to CZK 1,475 million for FY2009, compared with CZK 951 million for FY2008.
- Profit from financial operations amounted to CZK 532 million for FY2009 compared with CZK 138 million in 2008.
- Total assets are expected to reach CZK 43 billion as at 31 December 2009.
Financial Results
CZK million
|
31 Dec 2008
|
31 Dec 2009
expected |
Year-on-year
change |
Profit before tax
|
571
|
1,013
|
77%
|
Profit after tax
|
543
|
810
|
49%
|
Profit from financial operations
|
138
|
532
|
286%
|
Total assets
|
44,710
|
43,209
|
-3%
|
Total equity
|
2,674
|
3,517
|
32%
|