Kredyt Inkaso FY net profit up at PLN 5.6 mln

Debt collector Kredyt Inkaso recorded FY 2017/2018 consolidated net profit of PLN 5.6 million versus PLN 5.5 million a year ago. Operating profit grew to PLN 42.2 million versus PLN 25.3 million y/y. Consolidated revenue in FY 2017/2018 amounted to PLN 122.7 million compared to PLN 92.6 million a year ago, the company reported. Kredyt Inkaso estimated Q1 recoveries from debt portfolios at about PLN 56.8 million, which is an increase of 36 percent y/y.