Brief: Achiko: FY Adjusted EBITDA At $5.272 Mln

Achiko in Liquidation AG

19/05/2022 05:53

May 19 (Reuters) - ACHIKO AG  ACHIN.S :
    * REPORTS KEY UNAUDITED FINANCIAL RESULTS FOR THE  YEAR
ENDED 31
DECEMBER 2021
    * FY ADJUSTED EBITDA 5.272 MILLION USD VERSUS 8.729 MILLION
USD
YEAR AGO
    * REVENUE FOR FULL YEAR WAS USD$60,014 (2020: $2,805,708)
    * RESTRUCTURING OF EUROPEAN OPERATIONS IN MID-2021 RESULTED
IN
LOWER OPERATING COSTS IN SECONDHALF OF YEAR AND A SMALLER LOSS
WITH A STRONGER EXECUTION RECORD IN LAST 6 MONTHS

Source text for Eikon:  ID:nEQ6jFh4ga 
Further company coverage:  ACHIN.S 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))