Brief: Yolo FY Net Result Turns To Loss Of 5.3 Mln Zlotys

Blugo SA W Likwidacji

22/03/2018 09:46

March 22 (Reuters) - YOLO SA  YOL.WA :
    * REPORTED ON WEDNESDAY FY NET LOSS OF 5.3 MILLION ZLOTYS
VERSUS
PROFIT OF 37.4 MILLION ZLOTYS YEAR AGO 
    * FY REVENUE OF 3.3 MILLION ZLOTYS VERSUS 2.3 MILLION ZLOTYS
YEAR
AGO
    * NET LOSS RESULTS FROM HIGHER FIXED OPERATING COSTS VERSUS
INCOME
GENERATED FROM LOANS GRANTED 
    * RESULT ALSO IMPACTED BY THE LOSS OF VALUE OF LOAN
PORTFOLIO IN
AMOUNT OF 2.7 MILLION ZLOTYS
    * CO ALSO SAYS THAT IT PLANS TO INCREASE SCALE OF GRANTED
LOANS IN
2018

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