	societe generale reports higher profits france s societe generale sgen pa bank which will be sold to the private sector in the second half of this year reported increased profits for last year societe generale one of the three largest state owned banking groups said in a statement that its parent company profit for totalled mln francs up pct on s mln profit this was in line with earlier forecasts of profit of between and mln francs the bank s parent company gross operating profits were up pct at billion francs against billion in the increase in the bank s gross operating profits was mostly due to a rise in french franc deposits and personal loans as well as the development of its financial activities societe generale said parent company net banking ings last year were also up at billion francs compared with billion in while operating costs totalled billion francs against billion the previous year societe generale president marc vienot said in december he expected group consolidated profits to rise to between billion and billion francs from billion in reuter 
