trending Market Intelligence /marketintelligence/en/news-insights/trending/IIwTCz4dK8RfvP4rNAM0NA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Premium Fund Q3 profit falls YOY

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021

Six trends shaping the industries and sectors we cover in 2021

Blog

CUSIP Request Volume Surges in December, Pushing Full-Year 2020 Volumes Past 2019 Totals


Premium Fund Q3 profit falls YOY

Premium Fund SA said its third-quarter normalized net income amounted to 20,160 zlotys, a decline of 46.8% from 37,880 zlotys in the year-earlier period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin rose to 42.9% from 2.0% in the year-earlier period.

Total revenue decreased 97.6% on an annual basis to 47,000 zlotys from 1.9 million zlotys, and total operating expenses declined 99.2% year over year to 14,390 zlotys from 1.9 million zlotys.

Reported net income came to 32,260 zlotys, compared with 60,610 zlotys in the prior-year period.

As of Oct. 27, US$1 was equivalent to 3.98 zlotys.