(Helsinki) IFN Finnish investment company Norvestia Oyj, part of Icelandic bank Kaupthing Bank, reported on Tuesday an operating profit of EUR14.7m for the financial quarter January-March 2006.
Operating profit for the three-month period increased from EUR7.3m in the corresponding period in 2005.
Profit for the period increased to EUR13.9m from EUR5.6m in January-March 2005.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
Icelandic Financial News (IFN) is available on Factiva, a joint venture between Reuters and Dow Jones Newswires, FT.COM, LexisNexis, Comtex, Gale and Thomson via the Nordic Business Report.