Despite uncertain financial market conditions, the Nova KBM Group generated a profit from continuing operations of €3.3 million in the period from January to March 2009. The profit before impairment charges and provisions was €1.8 million above the figure of the same period of last year.
In the first quarter of 2009, the Nova KBM Group generated a net profit of €1.7 million or €0.04 per share. Nova KBM d.d. achieved good results as well: in the first three months of the year the Bank made a net profit of €3.6 million or €0.14 per share.
Considering the current global financial market conditions, the Management and Supervisory Board members are of the opinion that the Nova KBM Group and Nova KBM d.d. delivered a sound performance in the first quarter.
