Brief: Echo Investment Q1 Net Profit Up At 51.4 Mln Zlotys

Echo Investment SA

25/05/2022 07:59

May 25 (Reuters) - Echo Investment SA  ECH.WA :
    * REPORTS Q1 NET PROFIT AT 51.4 MLN ZLOTYS VS 24.5 MLN
ZLOTYS YR
AGO
    * Q1 REVENUE 283.6 MLN ZLOTYS VS 155.4 MLN ZLOTYS YR AGO
    * Q1 OPERATING PROFIT 108.0 MLN ZLOTYS VS 73.0 MLN ZLOTYS YR
AGO
    * GROUP HAS NOT YET IDENTIFIED CIRCUMSTANCES THAT MAY
CONSTITUTE
SPECIFIC RISKS FACTORS IN RELATION TO RUSSIAN INVASION OF
UKRAINE OR ECONOMIC SANCTIONS IMPOSED ON RUSSIA AND BELARUS
    * COMPANY AND ITS ENTITIES ARE NOT OPERATING IN UKRAINE,
RUSSIA
NOR BELARUS
    * IN MANAGEMENT BOARD VIEW, POTENTIAL IMPACT OF CONFLICT
WILL
DEPEND ON CONSEQUENCES OF WAR, ESPECIALLY FACTORS SUCH AS DEMAND
AND SUPPLY OF APARTMENTS FOR PURCHASE AND RENT, GENERAL WEALTH
OF SOCIETY, LEVEL OF INTEREST RATES AND EXCHANGE RATES


        
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM5X8lFqa
 Further company coverage:  ECH.WA  

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