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BRIEF-Russia's TCS Group sees net profit growing 20-40 pct/year in 2017-2019
October 17, 2016 / 6:11 AM / a year ago

BRIEF-Russia's TCS Group sees net profit growing 20-40 pct/year in 2017-2019

Oct 17 (Reuters) - Russia’s TCS Group says:

* Group believes that it has net income growth potential of 20-40 percent per year for next three years;

* Group expects that new (non-credit card) business lines will account for around 30 percent of group’s net income by 2019;

* Group expects new (non-credit card) business lines to contribute between 6 to 10 billion roubles ($96 million-$160.7 million) to net income by end of 2019. Source text for Eikon: Further company coverage: ($1 = 62.2255 roubles) (Reporting by Moscow Newsroom)

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