trending Market Intelligence /marketintelligence/en/news-insights/trending/1Ap2U_ZX7xXrLl47mNpCjw2 content esgSubNav
In This List

Baltika Q1 loss narrows YOY

Blog

HDFC Securities Investment Research Now Available through S&P Capital IQ Pro

Podcast

MediaTalk | Season 2
Ep.2 Back to the Box Office

Blog

The Marriage of Two Best-in-Class Solutions Delivers a Significant Advancement in Data Visualization and Technical Analysis

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks


Baltika Q1 loss narrows YOY

AS Baltika said its first-quarter normalized net income came to a loss of €303,750, compared with a loss of €493,750 in the prior-year period.

Normalized net income excludes unusual gains or losses on a pre- and after-tax basis.

The normalized profit margin climbed to negative 2.9% from negative 4.4% in the year-earlier period.

Total revenue declined 6.4% year over year to €10.5 million from €11.2 million, and total operating expenses declined 8.6% from the prior-year period to €10.9 million from €11.9 million.

Reported net income came to a loss of €493,000, or a loss of 1 cents per share, compared to a loss of €783,000, or a loss of 2 cents per share, in the year-earlier period.