• Net profit attributable to shareholders increased by 99% to $2.1bn
• Disposal gains of $631m due to the majority stake sale in Fondcenter
• Credit loss expenses increased from $38m for Q3 19 to $89m for Q3 20 but were significantly below Q2 20’s level of $272m
• The net profit of $4.9bn for 9M 20 is clearly ahead of our FY2020 forecast
20 Oct 2020
Strong figures for Q3 20, including a disposal gain
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Strong figures for Q3 20, including a disposal gain
• Net profit attributable to shareholders increased by 99% to $2.1bn
• Disposal gains of $631m due to the majority stake sale in Fondcenter
• Credit loss expenses increased from $38m for Q3 19 to $89m for Q3 20 but were significantly below Q2 20’s level of $272m
• The net profit of $4.9bn for 9M 20 is clearly ahead of our FY2020 forecast