trending Market Intelligence /marketintelligence/en/news-insights/trending/odylQn1ajPnZN659EGP0PQ2 content esgSubNav
In This List

Pharmena Q2 loss narrows YOY

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

LCD Monthly Newsletter: September 2021

Blog

Industries Most and Least Impacted by COVID-19: A Market-Implied Probability of Default Perspective

Blog

Top 100 Banks: Capital Ratios Show Resilience to the Pandemic


Pharmena Q2 loss narrows YOY

Pharmena SA said its second-quarter normalized net income was a loss of 73,130 zlotys, compared with a loss of 413,750 zlotys in the year-earlier period.

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

The normalized profit margin climbed to negative 1.8% from negative 10.9% in the year-earlier period.

Total revenue rose 8.8% on an annual basis to 4.1 million zlotys from 3.8 million zlotys, and total operating expenses fell on an annual basis to 4.3 million zlotys from 4.4 million zlotys.

Reported net income totaled a loss of 225,000 zlotys, or a loss of 3 groszy per share, compared to a loss of 724,000 zlotys, or a loss of 8 groszy per share, in the year-earlier period.

As of Aug. 12, US$1 was equivalent to 3.82 zlotys.