Nordic Business Report-April 25, 2006-Lansforsakringar Hypotek reports 3-month operating profit of SEK8.5m
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Swedish mortgage company Lansforsakringar Hypotek, part of the banking and insurance group Lansforsakringar AB, reported on Tuesday (25 April) an operating profit of SEK8.5m for the financial quarter January-March 2006.
Operating profit for the three-month period increased from SEK5.9m, as compared to the corresponding period in 2005.
Mortgage lending increased by 28% against January-March 2005 and amounted to SEK32bn.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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