trending Market Intelligence /marketintelligence/en/news-insights/trending/NPddWbPOD7bfWTsZEj7taQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Philippos Nakas swings to loss in fiscal Q1

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

Six trends shaping the industries and sectors we cover in 2021


Philippos Nakas swings to loss in fiscal Q1

Philippos Nakas SA said its normalized net income for the fiscal first quarter ended Sept. 30 amounted to a loss of €51,270, compared with income of €20,230 in the year-earlier period.

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

The normalized profit margin dropped to negative 1.6% from 0.5% in the year-earlier period.

Total revenue decreased 21.2% on an annual basis to €3.3 million from €4.2 million, and total operating expenses fell 18.8% from the prior-year period to €3.3 million from €4.1 million.

Reported net income totaled a loss of €125,150, or a loss of 2 cents per share, compared to income of €25,180, or 0 cents per share, in the year-earlier period.