November 7, 2018 / 11:36 PM / 9 days ago

Peru's Credicorp third quarter net profit fell 17 percent

LIMA (Reuters) - Peruvian holding company Credicorp’s (BAP.N) third quarter net profit fell 17 percent year-on-year to 1 billion soles ($301 million), the company said on Wednesday.

The company said its net profit for the third quarter last year had been higher because it sold its shares in a Chilean bank. It noted its third quarter net profit this year was 3.4 percent higher than the second quarter.

Reporting by Teresa Cespedes; Editing by Phil Berlowitz

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