Brief: Monnari Trade Q2 net profit down at 8.8 mln zlotys yoy

Monnari Trade SA

24/08/2016 07:14

Aug 24 (Reuters) - Monnari Trade SA  MONP.WA : 
    * Reported Q2 revenue of 57.4 million zlotys ($15.1 
million) versus 51.7 million zlotys a year ago 
    * Q2 net profit was 8.8 million zlotys versus 10.2 million 
zlotys a year ago 
    * H1 net profit was 12.2 million zlotys versus 13.1 million 
zlotys a year ago 
    * H1 revenue up by 15.2 pct year on year at 110.0 million 
zlotys 
    * Said in H1 manufacturing costs of production increased by 
17 pct year on year, what is mainly due to the continued high 
exchange rate of USD to Polish zloty and increased amount of 
ordered goods  
    * Said the gross margin on sales at 55 pct in H1  
 
     
 Source text for Eikon:  urn:newsml:reuters.com:*:nEM2456314 
     
 Further company coverage:  MONP.WA   
    
 
 
 
($1 = 3.8129 zlotys) 
 
 (Gdynia Newsroom) 
 ((Gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))