NEWSBOX

J&T BANKA Raised Its Operating Profit by 11% YoY to CZK 660.3 m

J&T Banka enjoyed a 11% growth of its 2011 Operating Profit, which reached CZK 660.3 million. Its Net Profit for last year increased by CZK 5 million to CZK 269 million. The Operating Profit grew in particular due to higher Fee and Commission Income, which nearly doubled year on year, reaching CZK 271.9 million. The bank enjoyed higher revenue primarily from fees for trading with securities and from its clients’ IPO programs.

Czech Property Investments (CPI) places new bonds on the market through J&T Banka

Through today’s issue of Czech koruna bonds (CZK bonds), real estate company Czech Property Investments a.s. (CPI) is bringing to fruition the changes to its CZK 4 billion financing structure. Today, through J&T BANKA, it is placing on the market a CZK two billion issue with a seven-year maturity, which follows last week’s seven-year and thirty-year bond issues worth 70 and 10 million Euros, respectively.

TMR after the first quarter with record numbers

The Tatry mountain resorts, a.s. (TMR) Group achieved consolidated revenues equalling 12.2 million euro during the first quarter of the financial year 2011/2012 (period from 1 November 2011 to 31 January 2012), which represents an increase of approximately 18% compared with the same period last year.

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