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IFS Intercorp Financial Services Inc

22.52
0.00 (0.00%)
Pre Market
Last Updated: 09:09:51
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intercorp Financial Services Inc NYSE:IFS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 22.52 0 09:09:51

Peru's Intergroup Second-Quarter Net PEN243Mln Vs PEN137.8Mln

31/07/2012 1:07pm

Dow Jones News


Intercorp Financial Serv... (NYSE:IFS)
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LIMA--Financial holding Intergroup Financial Services Corp. (IFS.VL) posted second-quarter net income of 243.0 million soles ($92.4 million) compared with PEN137.8 million in the same quarter a year earlier, due in good part to gains from an extraordinary item.

The company posted second-quarter financial income of PEN725.4 million, compared with PEN601.9 million in the same quarter a year earlier.

"Net earnings growth was mainly driven by significantly higher investment income at Interseguro, as a result of the sale of real estate properties," the company said.

The company said that excluding non-recurring items, net earnings would have been PEN130.6 million in the second quarter of 2012.

Intergroup Financial Services Corp is the main shareholder of Interbank. It also owns insurance company, Interseguro.

-Write to Robert Kozak at robert.kozak@dowjones.com

Order free Annual Report for Intergroup Corp.

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