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30/07/2015
Ulster Bank Records Operating Profit Of £131m
Ulster Bank has recorded an operating profit of £131 million for the first half of this year.
The bank reported a £55 million profit in the same period last year.
The firm also said that new lending to business increased by 57%.
Chief Executive Jim Brown said: "While today's results were impacted by a weakened euro, we see an increased profit, reduced operating expenses and a continued trend of impairment releases driven by proactive debt management and the improving economic conditions."
(CD)
The bank reported a £55 million profit in the same period last year.
The firm also said that new lending to business increased by 57%.
Chief Executive Jim Brown said: "While today's results were impacted by a weakened euro, we see an increased profit, reduced operating expenses and a continued trend of impairment releases driven by proactive debt management and the improving economic conditions."
(CD)
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06 August 2010
Bad Debt Fears Stymie Ulster Bank
The Ulster Bank has reported a massive jump in operating losses for the first half of this year. Although its operating profit increased to £185m, that was wiped out by money set aside to cover bad loans meaning they had losses of £314m on an Ireland-wide basis.
Bad Debt Fears Stymie Ulster Bank
The Ulster Bank has reported a massive jump in operating losses for the first half of this year. Although its operating profit increased to £185m, that was wiped out by money set aside to cover bad loans meaning they had losses of £314m on an Ireland-wide basis.
13 November 2001
Viridian Group report slight fall in operating profit
The interim report from Viridian Group has shown a slight fall in the Group’s operating profit. Reporting on business activity during the six months to September 30, 2001, the Viridian Group have announced a 4 per cent fall in operating profits to £48.5million. During the six-month period, the Viridian Group invested £121.
Viridian Group report slight fall in operating profit
The interim report from Viridian Group has shown a slight fall in the Group’s operating profit. Reporting on business activity during the six months to September 30, 2001, the Viridian Group have announced a 4 per cent fall in operating profits to £48.5million. During the six-month period, the Viridian Group invested £121.
15 March 2004
UTV performance outshines ITV peers
Ulster Television plc, the ITV franchise holder in Northern Ireland, has announced its preliminary results for the year to 31 December 2003. While group operating profit before goodwill amortisation increased to £15.1m (2002: £14.6m), television operating profit was down by £0.5m to £11.8m (2002: £12.
UTV performance outshines ITV peers
Ulster Television plc, the ITV franchise holder in Northern Ireland, has announced its preliminary results for the year to 31 December 2003. While group operating profit before goodwill amortisation increased to £15.1m (2002: £14.6m), television operating profit was down by £0.5m to £11.8m (2002: £12.
18 November 2003
Viridian Group announce half-year turnover up 12%
Viridian Group plc have announced that turnover has increased from £332m to £371m, up 12% on the corresponding period last year. The Group's operating profit increased 7% to £50.8m, up from £47.6m, and the contribution to operating profit from Viridian Power & Energy increased by £0.5m to £8.7m in the six-months to September 30, 2003.
Viridian Group announce half-year turnover up 12%
Viridian Group plc have announced that turnover has increased from £332m to £371m, up 12% on the corresponding period last year. The Group's operating profit increased 7% to £50.8m, up from £47.6m, and the contribution to operating profit from Viridian Power & Energy increased by £0.5m to £8.7m in the six-months to September 30, 2003.
02 May 2014
Ulster Bank Records Profit
Ulster Bank has reported its first quarterly profit since 2009. In the bank's latest financial statement, it said it made a profit of £17m in the first three months of 2014. This compares to a loss of almost £1bn in the final quarter of 2013.
Ulster Bank Records Profit
Ulster Bank has reported its first quarterly profit since 2009. In the bank's latest financial statement, it said it made a profit of £17m in the first three months of 2014. This compares to a loss of almost £1bn in the final quarter of 2013.
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Northern Ireland WeatherToday:The day will be very windy with strong to gale force westerly winds becoming occasionally severe along the north coast. Sunny spells will be interspersed with scattered showers. Maximum temperature 8 °C.Tonight:West to northwest gale force winds, severe along the north coast, will continue overnight. Frequent showers persist, merging into longer periods of rain at times and turning wintry. Minimum temperature 1 °C.
