August 22, 2019 BY Valentina Kirilova

Saxo Bank reports lower than expected financial results in H1 2019

Copenhagen-based online broker Saxo Bank today reported a negative net profit of DKK 139 million for the H1 2019, compared to a positive net profit in H1 2018 of DKK 153 million. H1 2019 highlights include: Operating income: DKK 1,109.8 million (DKK 1,506.4 million H1 2018) EBITDA: DKK 57.1 million (DKK 397.9 million H1 2018)…

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