Nov

7

UPDATE 1-Argentina’s Grupo Galicia 9-month net profit 1.2 bln pesos

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Thu Nov 7, 2013 8:03pm IST

BUENOS AIRES Nov 7 (Reuters) – Argentina’s Grupo Financiero
Galicia said on Thursday that its net profit for the first nine
months of the year was 1.2 billion pesos ($207 million).

Analysts polled by Reuters had expected a net profit of 419
million pesos for the nine-month period.

In the third quarter alone, the group reported net profit of
536 million pesos ($93 million) versus 347.2 million pesos in
the third quarter of 2012. Analysts had expected the group to
report third quarter net profit of 419 million pesos.

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