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Renta Corporación Earns 78% Less in Q1 due to Covid 19 and Cancels its Complementary Dividend

The company closed the first quarter of this year with a net profit of €800,000, which is 78% lower than in the same period last year, when it earned €3.7 million, due to the "significant impact of the coronavirus health crisis".

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The company closed the first quarter of this year with a net profit of €800,000, which is 78% lower than in the same period last year, when it earned €3.7 million, due to the “significant impact of the coronavirus health crisis”.

The company’s business portfolio amounted to €217.6 million at the end of the first quarter, up by 3% compared to December 2019, reported the listed real estate company in a statement.

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