Brief: Aino Health Q3 Loss Profit After Financial Items Narrows To SEK 3.1 Mln

Aino Health AB (publ)

29/10/2019 07:37

Oct 29 (Reuters) - Aino Health AB (publ)  AINO.ST :
    * REG-AINO HEALTH AB (PUBL): AINO HEALTH INTERIM REPORT JULY-SEPTEMBER 2019
    * JULY-SEPTEMBER 2019 NET SALES INCREASED BY 36 PERCENT TO KSEK 6 144 (4 515)
    * JULY-SEPT PROFIT AFTER FINANCIAL ITEMS IMPROVED TO KSEK -3 127 (-5 462)
    * OUR BUSINESS MODEL, WITH A COMBINATION OF RESULT-BASED REMUNERATION AND FIXED FEES, IS
YIELDING
RESULTS
    * AFTER END OF QUARTER, WE HAVE TAKEN A SHORT-TERM LOAN OF SEK 5 MILLION TO SECURE OUR
STRATEGIC
GROWTH PLAN
    * DEALS WE HAVE SIGNED DURING FIRST HALF OF 2019 HAVE A POSITIVE IMPACT ON NET SALES,
PROFIT, AND
CASH FLOW
    * WE SEE A CONTINUED LARGE INTEREST IN OUR SOLUTIONS AND SERVICES.

Source text for Eikon:  ID:nGNE4gfc2c 
Further company coverage:  AINO.ST 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))