PROFI CREDIT recorded increase also in the third quarter

Košice is the best region in the long term 

Bratislava, October 15, 2008. In the third quarter, the company PROFI CREDIT Slovakia, s.r.o., made a profit, before taxation, in amount of SKK 121,2 mil. (EUR 4,0 mil.). Comparing to the previous quarter, when company profit before taxation recorded amount SKK 63,5 mil., it increased by 91 %. Total assets increased by more than 7 %, from amount SKK 1,8 billion (EUR 59,7 mil.), in the second quarter, on amount SKK 1,93 billion (EUR 64,1 mil.), in the third quarter. 

Financial stability and good financial deposit of PROFI CREDIT Slovakia, s.r.o., reflect positive year-on-year growth trend of the value of provided credits. I can review, that regarding the production, we have joined successful sales results of the previous quarter. Our company provided more than 3 500 new contracts in total amount exceeded SKK 208 mil. (EUR 6,9 mil.), in the third quarter. It represents 18 % increase comparing to the second quarter, characterized sales results Milan Hiebsch, Chief Executive Officer of the company. 

In the long term, Košice is the best region. In Košice region, that is a leader in production, we recorded more than 1 300 new contracts in total amount SKK 108 mil. (EUR 3,6 mil.), in the third quarter. Comparing to the previous period, it means increase by respectable 25 %. Bratislava region follows in production with 755 new contracts and turnover almost SKK 75 mil. (EUR 2,5 mil.). stated Milan Hiebsch. 

The company PROFI CREDIT Slovakia, s.r.o., is a part of the multinational financial group Profireal Group, focusing on the countries of Central and Eastern Europe. It operates, beside the Slovak Republic, in four other countries – Czech Republic, Poland, Bulgaria and Romania. Companies of PROFI CREDIT division operate in the field of providing financial loans to private persons and entrepreneurs. Companies of PROFIDEBT division operate on the Slovaka and Czech market are concerned on administration and collection of debts.