Swedish fintech company Qred reports highest result so far
Today, Qred releases its interim report for this year’s first six months. Despite a quarter lined with the Corona pandemic, Qred reports its highest result so far. Thanks to a sustainable and resilient business model, credit losses have been kept under control, which has resulted in increased profitability. Interim Financial Report January - June 2020 Results for the same period for the previous year are stated in brackets. April - June 2020 · Operating income increased by 61% to SEK 77.1 m (48) · Interest income decreased by 46% to SEK 28.9 m (53.6) · Commission