Brief: Unified Factory H1 Net Result Swings To Loss Of 11.7 Mln Zlotys

Unified Factory SA

01/10/2018 08:36

Oct 1 (Reuters) - UNIFIED FACTORY SA  UFCP.WA :
    * REPORTED ON SUNDAY H1 NET LOSS 11.7 MLN ZLOTYS VS PROFIT
3.5 MLN
ZLOTYS YEAR AGO
    * H1 REVENUE 9.4 MLN ZLOTYS VS 16.8 MLN ZLOTYS YEAR AGO
    * H1 OPER LOSS 11.0 MLN ZLOTYS VS PROFIT 5.2 MLN ZLOTYS YEAR
AGO
    * SAYS THE MOST IMPORTANT REASON FOR DROP IN H1 SALES WAS
ABSENCE
OF CEO, WHICH MEANT THAT IN APRIL AND MAY CO HAD TO FUNCTION
WITHOUT MANAGEMENT BOARD
    * SAYS RESULTS WERE ALSO IMPACTED BY WRITE-DOWN OF 6.3 MLN
ZLOTYS
AND A 2 MLN ZLOTY RESERVE 

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nEB23R9Dl
    
 Further company coverage:  UFCP.WA  
   


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