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Mediobanca reports fall in half-year net profit, revenue

Mediobanca reports fall in half-year net profit, revenue

FILE PHOTO: A logo of Mediobanca is seen in Milan, Italy November 8, 2019. REUTERS/Flavio Lo Scalzo/File Photo

Italian merchant bank Mediobanca reported a 6% fall in half-year net profit to 623 million euros ($741.87 million) on Monday.

Revenues for the period fell 3% to 1.79 billion euros, according to the company.

($1 = 0.8398 euros)

 

(Reporting by Chandni Shah in Bengaluru)

 

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