Credemholding, profit rises to 236 million euros in the first half

Credemholding profit rises to 236 million euros in the first

(Tiper Stock Exchange) – Credemholdinga company that controls 79.11% of the share capital of Emilian creditrecorded a consolidated net profit amounting to 236.4 million euros in first half of 2023up 95.9% compared to 120.7 million euros at the end of June 2022.

The result was positively conditioned by the significant increase inprofit of the subsidiary Credito Emiliano. More specifically, the latter was influenced by the positive trend in the financial margin as well as by the contained cost of risk.

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