CrediCorp Capital Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2013
CrediCorp Capital reported earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, the company reported financial income of $1,860,000 against $1,917,000 for the third quarter of 2013. Net loss before income tax was $12,756,000 against net income before income tax of $3,335,000 for the third quarter of 2013. Net loss was $11,565,000 against net income of $883,000 for the third quarter of 2013. Negative return on average equity was 19.6% against return on equity of 1.4% for the third quarter of 2013.
For the full year, the company reported financial income of $8,697,000, net income before income tax of $10,584,000, net loss of $2,740,000. Negative return on average equity was 1.1%.