trending Market Intelligence /marketintelligence/en/news-insights/trending/7DPtqst2DhvDEzjggxGU-g2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Wojas swings to loss in Q1

Blog

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

Blog

Fintech Intelligence Newsletter: February 2021

Blog

Q&A: Navigating Climate Risk as a Financial Risk

Blog

Bundling fixed & mobile services is still a popular strategy for operators in Western Europe especially in Portugal and Spain


Wojas swings to loss in Q1

Wojas SA said its normalized net income for the first quarter was a loss of 11 groszy per share, compared with 4 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 1.4 million zlotys, compared with income of 553,130 zlotys in the prior-year period.

The normalized profit margin fell to negative 3.3% from 1.2% in the year-earlier period.

Total revenue declined 5.7% year over year to 41.9 million zlotys from 44.5 million zlotys, and total operating expenses decreased year over year to 42.2 million zlotys from 42.8 million zlotys.

Reported net income totaled a loss of 2.2 million zlotys, or a loss of 18 groszy per share, compared to income of 322,000 zlotys, or 3 groszy per share, in the prior-year period.

As of May 15, US$1 was equivalent to 3.54 zlotys.