Month: May 2022

In Q1 2022 Inbank earned a net profit of 2.9 million euros. The quarterly profit grew by 15% compared to a year ago and return on equity was 14.8%.Inbank’s loan portfolio increased by 48% compared to Q1 2021 reaching 640 million euros.  The deposit portfolio grew by 50% and reached 677 million euros by the end of Q1. Total sales for Q1 was 125 million euros increasing 29% year-on-year. In terms of product segments, sales finance grew 22% year-on-year to 86 million euros, amounting to 68% of total sales. Personal loans increased by 70% to 15 million euros, while car financing increased in sales volume by 38% to 23 million euros. By the end of Q1, Inbank had 804,000 active contracts and over 4,700 active merchant partners.Priit Põldoja, Chairman of the Management Board, comments on the results: ‘While the first quarter of the...

Oslo (Norway), 11 May 2022 – PCI Biotech (OSE: PCIB), a cancer focused biopharmaceutical company, today announces its interim Q1 2022 results. Please find enclosed the report and presentation. Highlights fimaVacc*The programme is progressing towards initiation of a Phase II clinical proof-of-concept study *Established group of international clinical experts to provide clinical guidance and support the development and performance of the trial *Good project readiness – preparation of clinical trial application and sourcing of study treatments ongoing, and selection of clinical sites in EU5 started fimaNAc*Progressing the focused development plan, targeting applications suited to the specific strengths of the PCI technology *Established a preclinical collaboration with the South Korean company MDimune, developing innovative drug delivery...

Aktia Bank PlcStock Exchange Release11 May 2022 at 8.00 a.m. Aktia Bank Plc’s Interim Report January–March 2022: The market uncertainty decreased the comparable operating profit   The quarter in shortThe solid underlying business performance continued. The net interest income continued to increase with the support of the strong corporate customer business. The uncertain market was reflected in the prudence of private customers’ drawdowns, and the sales of interest rate hedges clearly increased. The negative unrealised value changes in the life insurance company’s investment portfolio weighed down the net income from life insurance as a result of the impact of the rapid increase in interest rates and the market drop caused by Russia’s war of aggression. Outlook 2022 (unchanged) The comparable operating profit in 2022 is expected...

May 11, 2022Hamilton, Bermuda Flex LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the three months ended March 31, 2022. Highlights:Vessel operating revenue of $74.6 million for the first quarter 2022, compared to $114.6 million for the fourth quarter 2021. Net income of $55.8 million and basic earnings per share of $1.05 for the first quarter 2022, compared to net income of $69.4 million and basic earnings per share of $1.31 for the fourth quarter 2021. Average Time Charter Equivalent1 (“TCE”) rate of $62,627 per day for the first quarter 2022, compared to $95,908 per day for the fourth quarter 2021. Adjusted EBITDA1 of $56.3 million for the first quarter 2022, compared to $95.5 million for the fourth quarter 2021. Adjusted net income1 of $23.8 million for the first...

         May 11, 2022 Hamilton, Bermuda First Quarter 2022 Result PresentationPlease find enclosed the presentation of Flex LNG Ltd.’s first quarter 2022 results which will be presented in a webcast and conference call at 15:00 CEST (9:00 a.m. EST) today, Wednesday May 11, 2022. The presentation is also available on our website https://www.flexlng.com/category/presentations/   In order to attend the webcast and/or conference call you may do one of the following: Attend by Webcast:Use to the follow link prior to the webcast: https://edge.media-server.com/mmc/p/83zu5bq6 Attend by Conference Call:Applicable dial-in telephone numbers are as follows:Norway: +47 215 63 015 United Kingdom: +44 (0) 207 1928 338United Kingdom (local): 0844 481 9752United States, New York: +1 646 741 3167United States (toll-free): +1 877 870 9135 Confirmation Code:...

(Bergen, 11 May 2022) In a strong market, Mowi made an operational profit of 207 million euros at record-high levels in the first quarter. Mowi’s first quarter was characterised by a surge in salmon prices in all markets due to a continued increase in global demand for salmon combined with low supply. “The increase in salmon prices coming out of the pandemic has been impressive. Salmon is a fantastic product with great product features and the beneficiary of strong megatrends, and I firmly believe this will continue to boost demand going forward,” Mowi CEO Ivan Vindheim said. Mowi Farming’s results improved substantially in the quarter, driven by high prices. “I am pleased to see that our Norwegian Farming operations achieved record-high earnings and prices in the first quarter. It is also encouraging that our operations in Canada West...

VANCOUVER, British Columbia, May 11, 2022 (GLOBE NEWSWIRE) — Prime Mining Corp. (“Prime”, or the “Company”) (TSX.V: PRYM) (OTCQB: PRMNF) (Frankfurt: O4V3) is pleased to report its operating and financial results for the three months ending March 31, 2022. Unless otherwise stated, all amounts are presented in Canadian dollars. Prime is focused on the exploration and development of its wholly owned Los Reyes Gold-Silver Project in Sinaloa State, Mexico (“Los Reyes” or the “Project”). Prime Chief Executive Officer Daniel Kunz commented, “We currently have 9 drill rigs operating and are making great progress having already completed nearly 35,000 metres of drilling in Phase 2. With a strong treasury, investor support and an experience technical and management team, Prime is well positioned to deliver on our planned Phase 2 exploration...

Consolidated revenues of Hepsor for Q1 2022 amounted to 1.3 million euros and net profit to 0.02 million euros (including 0.005 million euros attributable to the owners of the parent company). The Group’s revenues and profitability are directly dependent on the development cycle of projects, which lasts approximately 24 to 36 months. Sales revenue is only generated at the end of this cycle. Therefore, more projects may end in one quarter than in another and quarters may differ significantly in terms of revenue. In competed development projects, we sold 8 apartments at Strelnieku 4b, Riga in Q1 2022. The management of Hepsor still forecasts a turnover of 28 million euros in 2022 and profit of 3.3 million euros (including 3.1 million euros attributable to the owners of the parent company) despite the war in Ukraine that was launched in February...

Stronger Wind Resource in the North Sea Supports Robust First Quarter Results, as the Company Continues to Execute on its Capitalized Development Projects TORONTO, May 10, 2022 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or the “Company”) (TSX: NPI) today reported financial results for the three months ended March 31, 2022. All dollar amounts set out herein are in thousands of Canadian dollars, unless otherwise stated. “We delivered strong first quarter results supported by improved performance and higher prices in the offshore wind segment coupled with stable performance across the remainder of our operating portfolio leading to a good start for the year,” said Mike Crawley, Northland’s President and Chief Executive Officer. “We continue to progress on our strategic priorities with construction activities at our New York...