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Tag Archives: net

Hungary’s net general government borrowing 1.9% of GDP

borrow

BUDAPEST: According to preliminary financial data, net general government borrowing was HUF 610 bln in the twelve months leading up to the end of Q1, amounting to 1.9% of GDP including HUF 61 bln in financing requirement, or 0.8% of GDP, in the first quarter of 2015, the National Bank of Hungary (MNB) said today. Maastricht debt stood at 77.2% ... Read More »

Greece’s net budget surpasses its target €500m

euro

ATHENS: The Greece Ministry of Finance’s general accounting office released its headline budget figures for April 2015. The numbers reflect the country’s success watching every penny it spends and trying to build up revenue through tax collection, all in an effort to hoard its available cash and survive a summer of debt payments. In April, Greece net budget revenue surpassed ... Read More »

Poland’s Getin net profits growth increase by 42% in Q1 of 2015

grwth

WARSAW: Getin Holding recorded a 42 percent increase in consolidated net profits in the first quarter, which corresponds to PLN 45.8 million, compared with PLN 32.3 million in the same period last year, the lender reported. The total value of assets stood at PLN 116.8 million, compared with PLN 158.2 million a year before. Getin Holding. Read More »

Poland’s Getin net profits growth increase by 42% in Q1 of 2015

grwth

WARSAW: The Ministry of Finance canceled the treasury bonds tender scheduled for Thursday due to “negative impact of the circumstances occurring in international markets on the Polish debt market,” the ministry informed. The total value of the bonds ranged PLN 3-5 billion. “Calling off today’s tender is the result of a negative situation in international markets. Currently, there is a ... Read More »

PSH net assets value remain USD28.09 this week

psh

AMMAN: PSH NAV per share as of close of business in the last week of April 2015 was USD28.09. Weekly net asset value is calculated at the close of business on each Tuesday and posted on the following Thursday. In the event that Tuesday is not a business day, PSH will calculate the close-of-business NAV as of the business day ... Read More »

Hungary’s FHB net loss of HUF 19.2b in 2014, no dividend for shareholders

fhb

BUDAPEST: FHB Mortgage Bank had a net loss of HUF 19.2 billion last year, according to Hungarian Accounting Standards. Shareholders of FHB Mortgage Bank decided to pay no dividend at an annual general meeting today. Chairman Zoltán Spéder said the bank had progressed toward achieving its three main strategic goals: increasing sales, making acquisitions and meeting legal challenges, referring to ... Read More »

Novartis net profit slips to $3.2b in Q1 of 2015

nova

WARSAW: The Basel-based firm said core net income fell to $3.2 billion, from $3.33 billion a year ago, while sales fell seven percent to $11.9 billion from continuing operations. Novartis, which formed a joint venture with Britain’s GlaxoSmithKline for consumer health products and sold an animal health division to Eli Lilly, said net profits rose to $13 billion if those ... Read More »

ZTE net profit jumps to 41.9% in Q1-2015

zte

AMMAN: ZTE Corporation a major international provider of telecommunications, enterprise and consumer technology solutions for the Mobile Internet, today reported first-quarter net profit rose 41.9%, as the company’s new M-ICT strategy generated new growth avenues. Net profit attributable to shareholders of the listed company increased to RMB 883 million (US$142 million) in the first three months, according to the results ... Read More »

Novartis net profits slip to $3.2b in Q1 of 2015

npvartis

WARSAW: The Basel-based firm said core net income fell to $3.2 billion, from $3.33 billion a year ago, while sales fell seven percent to $11.9 billion from continuing operations. Novartis, which formed a joint venture with Britain’s GlaxoSmithKline for consumer health products and sold an animal health division to Eli Lilly, said net profits rose to $13 billion if those ... Read More »

Greece’s net budget revenue surpasses to €4.232b in March 2015

GREECE

ATHENS: the Greece Deputy Finance Minister Dimitris Mardas said net budget revenues significantly surpassed targets to total 4.232 billion euros in March, from a target of 3.16 billion. Speaking to reporters, Mardas pledged that the government will continue paying wages and pensions, and expressed his optimism that an agreement will be reached between the country and its creditors. Responding to ... Read More »