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Spain's Liberbank Q1 net profit rises 17% from year ago

By Reuters Staff
1 Min Read
MADRID, May 5 (Reuters) - Spain’s Liberbank, which is in the process of being taken over by bigger rival Unicaja , said on Wednesday its net profit rose 17% in first quarter against the same period a year ago thanks to a growth in revenues from fees and commissions and despite the cost of COVID-19 related provisions.
The lender reported a net profit of 23 million euros ($27.64 million) in the January to March period. Analysts polled by Reuters expected a net profit of 18.8 million euros.
Liberbank set aside 28 million euros in provisions related to the COVID-19 pandemic during the quarter. ....

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Northland schoolkids helping catch pests at Far North reserve

Northland schoolkids helping catch pests at Far North reserve
5 May, 2021 07:49 AM
3 minutes to read
Mangonui School children continue to do their bit in controlling pests at Rangikapiti. Photo / Supplied
Northern Advocate
The results of all the effort that has gone into trapping pests at Rangikapiti are plain to see according to Friends of Rangikapiti chairman John Haines.
Last winter, we planted koru, or native hydrangea, in a couple of parts of the reserve, he said.
This attractive plant is ordinarily found only on pest-free islands, as it is very tasty to possums.
Early settlers used to boil it up like cabbage. Our plants are thriving, many have bloomed and are setting seed, and there s hardly a bite out of any of them. Likewise kohokohe is an indicator plant for possums. ....

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Colombia's Ecopetrol first-quarter net profit soars on better oil prices, weak comparative

2 Min Read
BOGOTA (Reuters) - Colombia’s majority state-owned oil company Ecopetrol on Tuesday reported a soaring first-quarter net profit of 3.09 trillion pesos ($806.5 million) for this year, buoyed by improved oil prices and with the backdrop of a dismal comparative period in 2020.
FILE PHOTO: The entrance of Ecopetrol s Castilla oil rig platform is seen in Castilla La Nueva, Colombia June 26, 2018. REUTERS/Luisa Gonzalez
The oil company reported a net profit of 133 billion pesos in the first quarter of 2020, following a global slump in oil prices and after booking an impairment worth 1.21 trillion pesos.
Ecopetrol’s first-quarter earnings before interest, taxes, depreciation and amortization rose 55.7% to 8.19 trillion pesos, the company said. ....

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