trending Market Intelligence /marketintelligence/en/news-insights/trending/BZYVY6TAcc3x3994ZMsiYQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Creditex Q1 profit climbs 22.5% YOY

PODCAST

Episode 5: The Future of Work - The World of Workforce Experience and Productivity

Blog

Needham & Company is Now Available in the S&P Global Market Intelligence Aftermarket Research Collection

Blog

The State of Green Business 2021: Positive Impact

Blog

European subscription OTT video 5-year outlook


Creditex Q1 profit climbs 22.5% YOY

Creditex SAA said its first-quarter normalized net income came to 2.3 million soles, a rise of 22.5% from 1.8 million soles in the year-earlier period.

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

The normalized profit margin increased to 4.0% from 3.2% in the year-earlier period.

Total revenue declined year over year to 56.2 million soles from 57.6 million soles, and total operating expenses decreased year over year to 52.6 million soles from 54.5 million soles.

Reported net income totaled 2.9 million soles, compared with 3.3 million soles in the year-earlier period.

As of May 13, US$1 was equivalent to 3.33 soles.