Nova KBM
 

Supervisory board of Nova KBM took note of 1Q 2009 Results | NKBM

At its 11th regular meeting, the Supervisory Board of Nova KBM discussed the current operations of the Bank, and was informed about the operating results of the Nova KBM Group and Nova KBM for the first quarter of this year.

Supervisory board of Nova KBM took note of 1Q 2009 Results

8 June 2009
OBVESTILA
At its 11th regular meeting, the Supervisory Board of Nova KBM discussed the current operations of the Bank, and was informed about the operating results of the Nova KBM Group and Nova KBM for the first quarter of this year.
 

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.