trending Market Intelligence /marketintelligence/en/news-insights/trending/gLo7nTM6bWN_ReYz2lDD0A2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

LK Designer Shops Q1 loss narrows YOY

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


LK Designer Shops Q1 loss narrows YOY

LK Designer Shops SA said its normalized net income for the first quarter amounted to a loss of 147,420 zlotys, compared with a loss of 204,700 zlotys in the prior-year period.

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

The normalized profit margin increased to negative 12.9% from negative 57.7% in the year-earlier period.

Total revenue grew year over year to 1.1 million zlotys from 354,620 zlotys, and total operating expenses grew from the prior-year period to 1.3 million zlotys from 648,140 zlotys.

Reported net income totaled a loss of 235,870 zlotys, or a loss of 24 groszy per share, compared to a loss of 327,520 zlotys in the year-earlier period.

As of May 26, US$1 was equivalent to 3.80 zlotys.