Brief: Lena Lighting incurs higher cost in Q2
04/07/2016 08:08
July 4 (Reuters) - Lena Lighting LENP.WA :
* Said on Friday that it incurred higher costs in Q2 by 2 million zlotys
($505,200) due to development of products and implementation of new technology
* Its gross sale margin went down due to higher costs in research and
development department
* Its costs were also higher due to liquidations in warehouses and
impairment of inventories
* Says incurred costs do not affect its operations
Source text for Eikon: urn:newsml:reuters.com:*:nEM0149165
Further company coverage: LENP.WA
($1 = 3.9588 zlotys)
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