PPF’s Home Credit Groups Profit Plunge
Prague, May 30 (CTK) – Home Credit group, a consumer loan provider, made a EUR31m (some Kc800m) loss in the first quarter of this year, plunging from a EUR80m (about Kc2.1bn) profit annually, which was caused by the turbulent development on the Chinese consumer loan market, the company said in a press release today. ...