trending Market Intelligence /marketintelligence/en/news-insights/trending/Uzz_SS0izGFvcHNjEINbJA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Dantax fiscal Q2 profit falls YOY


ESG hits the mainstream for European private equity sponsors


What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals


Banking Essentials Newsletter - February Edition, Part 2


Episode 3: Transformation of Customer Experience in 2020

Dantax fiscal Q2 profit falls YOY

Dantax A/S said its normalized net income for the fiscal second quarter ended Dec. 31, 2015, amounted to 1.52 Danish kroner per share, a decline of 50.3% from 3.06 kroner per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 452,500 kroner, a decrease of 49.7% from 899,380 kroner in the year-earlier period.

The normalized profit margin declined to 2.8% from 4.7% in the year-earlier period.

Total revenue declined 11.1% year over year to 17.1 million kroner from 19.2 million kroner, and total operating expenses fell 11.3% year over year to 15.7 million kroner from 17.7 million kroner.

Reported net income fell 61.3% from the prior-year period to 386,000 kroner, or 1.30 kroner per share, from 998,000 kroner, or 3.40 kroner per share.

As of Feb. 23, US$1 was equivalent to 6.77 Danish kroner.