16:00 1 April 2020
Ipopema Securities reports net profit of PLN 3.5 mln in 2019
Ipopema TFI’ s owner Ipopema Securities Group had PLN 3.5 million of net profit attributable to shareholders of the parent company, compared to PLN 2.1 million net loss a year earlier, according to the company's annual report.
Total revenues amounted to PLN 140 million (an increase by 42.7 percent y/y), of which revenues generated in the brokerage services segment amounted to PLN 36.4 million (more by 12.4 percent y/y).
The commentary on the results stated that the increase in revenues from investment banking services had a key impact on the result in this segment, with slightly higher revenues from trading in securities.
The fund and portfolio management segment recorded revenues of PLN 74.4 million in 2019 (an increase of 83.4 percent y/y).
(PAP)
