Societe Generale 1st qtr net profits drop 13.8%

5th May 2011, Comments 0 comments

Societe Generale announced Thursday first-quarter net profits of 916 million euros ($1.36 billion), a 13.8 percent drop on the same period last year.

That included a writedown of 239 million euros for the reevaluation of its own financial liabilities.

© 2011 AFP

0 Comments To This Article