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Unima 2000 Q1 profit climbs YOY

Unima 2000 Systemy Teleinformatyczne SA said its normalized net income for the first quarter was 4 groszy per share, a gain from 4 groszy per share in the year-earlier period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 121,880 zlotys, a gain from 119,380 zlotys in the year-earlier period.

The normalized profit margin fell to 1.9% from 1.9% in the year-earlier period.

Total revenue rose year over year to 6.6 million zlotys from 6.3 million zlotys, and total operating expenses grew year over year to 6.3 million zlotys from 6.1 million zlotys.

Reported net income fell 14.3% from the prior-year period to 108,000 zlotys, or 4 groszy per share, from 126,000 zlotys, or 5 groszy per share.

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