trending Market Intelligence /marketintelligence/en/news-insights/trending/2pNWszf9mOCP5eM35y3yCw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

North Coast SA swings to loss in Q1

Blog

M&A rebound sparks optimism for near-term deal activity

Blog

What's on the Horizon for the Cruise Hotel Resorts Sector

Blog

Message in a (Word)Cloud

Six trends shaping the industries and sectors we cover in 2021


North Coast SA swings to loss in Q1

North Coast SA said its normalized net income for the first quarter was a loss of 1 groszy per share, compared with 12 groszy per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was a loss of 34,000 zlotys, compared with income of 375,000 zlotys in the prior-year period.

The normalized profit margin fell to negative 0.1% from 1.1% in the year-earlier period.

Total revenue rose 7.4% year over year to 36.1 million zlotys from 33.6 million zlotys, and total operating expenses rose 5.3% year over year to 36.4 million zlotys from 34.6 million zlotys.

Reported net income totaled a loss of 211,000 zlotys, or a loss of 7 groszy per share, compared to income of 2,000 zlotys, or 0 groszy per share, in the prior-year period.

As of May 13, US$1 was equivalent to 3.90 zlotys.