Brief: Comarch Q1 Net Result Turns To Loss Of 6.2 Mln Zlotys

Comarch SA

21/05/2018 07:00

May 21 (Reuters) - COMARCH SA   CMR.WA :
    * REPORTED ON FRIDAY Q1 NET LOSS OF 6.2 MILLION ZLOTYS
VERSUS
PROFIT OF 18.2 MILLION ZLOTYS YEAR AGO
    * Q1 REVENUE 272.0 MILLION ZLOTYS VERSUS 255.6 MILLION
ZLOTYS YEAR
AGO 
    * Q1 OPERATING PROFIT 0.6 MILLION ZLOTYS VERSUS 2.1 MILLION
ZLOTYS
YEAR AGO 
    * Q1 REVENUE UP AND POSITIVE OPERATING PROFIT THANKS TO,
AMONG
OTHERS, 6.2 MILLION ZLOTYS INCREASE IN FOREIGN SALES AND 10.2
MILLION ZLOTYS INCREASE IN DOMESTIC SALES
    * HIGHER OPERATING COSTS DUE TO Q1 INCREASE IN IT EMPLOYEES'
REMUNERATION OF 6 PERCENT YEAR-ON-YEAR
    * NEGATIVE RESULT ON OTHER OPERATING ACTIVITIES CONNECTED TO
CREATING PROVISIONS FOR DOUBTFUL RECEIVABLES AND UPDATING THE
VALUE OF FIXED ASSETS

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM1qXs6Xa
    
 Further company coverage:  CMR.WA  
   


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