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This can be a consolation that the third stage of its financial activity, Getin Holding, is positive. The report released Thursday shows that from July to September, the company had earned just under 14 million zlotys.
Getin Holding is a financial group made up partly of Idea Bank, but also banks or leasing companies operating abroad (in Russia, Ukraine, Belarus or Romania).
Expert on the deterioration of the situation of Idea Bank and Getin. "They have bad luck"
On the one hand, the profit is positive, but it is significantly lower than that of the corresponding period of 2017. Getin could then boast of a net profit of 88 million zlotys. However, as the authorities of the society point out, after eliminating single events, this difference is much smaller. The result on the main operations is only 3 million PLN lower than the previous year.
"The main driver of growth over the reference period was, again, foreign activity," the statement said. In the third quarter, net income of foreign companies amounted to PLN 36 million, compared to PLN 25.4 million the previous year. This means an increase of almost 40%. In addition, the total net profit of foreign segments for the first nine months of 2018 was 84.7 million zlotys and was more than twice as high.
– The situation of our companies in foreign markets is very good. We use the economic situation, which leads to the results obtained. The current situation of our activities is also due to the success of the optimization that we carried out after the Ukrainian crisis. The proof is the results obtained by our companies in Ukraine and Russia. The results obtained in Romania also allow us to observe this market with great optimism – commented President Piotr Kaczmarek.
He added that he is currently seeing an improvement in the situation in Belarus, whose market was characterized by turbulence at the beginning of the year.
Leszek Czarnecki is the owner of nearly 55%. shares of Getin Holding. Their market value is estimated at about PLN 67 million.
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1 hour ago
leona good bank has problems despite the actions that have led to problems, give it a little time because it starts to go in the right direction
19 min. there is
janpawełIIWE HOPE THAT CZARNECKI WILL SEE AND NOT PAY ONLY THE PENALTIES AND WILL FEED THE BUDGET, KACZYNO ONLY, WHERE THERE IS THERE TO MEET THE ORLEN ZONE … Read all
25 min. there is
shareholderIt is unfortunate that this is not reflected in the stock price of the company.
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