trending Market Intelligence /marketintelligence/en/news-insights/trending/HaQo9xwY2Mb3UcF9O82arA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Werth-Holz swings to profit in fiscal Q1

The Evolution Of ESG Factors In Credit Risk Assessment: Corporate Governance

Industry Top Trends 2021: Metals and Mining

TMT News & Research: 2020 Recap


Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

Werth-Holz swings to profit in fiscal Q1

Werth-Holz SA said its normalized net income for the fiscal first quarter ended Dec. 31, 2015, came to 85,640 zlotys, compared with a loss of 129,810 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 rose to 1.4% from negative 1.9% in the year-earlier period.

Total revenue declined 9.1% year over year to 6.2 million zlotys from 6.8 million zlotys, and total operating expenses declined 11.6% year over year to 6.1 million zlotys from 6.9 million zlotys.

Reported net income came to 70,320 zlotys, compared with a loss of 207,700 zlotys in the year-earlier period.

As of Feb. 15, US$1 was equivalent to 3.95 zlotys.