May 21 (Reuters) - DealNet Capital Corp DLS.V :
* DEALNET REPORTS PROFITABILITY IN FIRST QUARTER 2020
* NET INTEREST MARGIN INCREASED BY 19.2% TO $2.3 MILLION IN Q1 FROM $1.9 MILLION FOR SAME QUARTER LAST YEAR
* QTRLY FINANCE RECEIVABLES $206.5 MILLION VERSUS $185.9 MILLION
* QTRLY NET INCOME FROM CONTINUING OPERATIONS $114,000 VERSUS LOSS OF $614,000
* COVID-19 WILL LIKELY INCREASE LEVEL OF DELINQUENCIES