trending Market Intelligence /marketintelligence/en/news-insights/trending/pp2FMAJHxJibRHMQoGeunw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Monnari Trade Q3 loss widens 16.0% YOY

Blog

ESG hits the mainstream for European private equity sponsors

Blog

What’s the Bottom Line: Credit Impact of COVID-19 on US Municipals

Blog

Banking Essentials Newsletter - February Edition, Part 2

Podcast

Episode 1: Origins of 451 Research - Part 1


Monnari Trade Q3 loss widens 16.0% YOY

Monnari Trade SA said its normalized net income for the third quarter amounted to a loss of 2 groszy per share, compared with a loss of 2 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 a loss of 702,500 zlotys, compared with a loss of 605,630 zlotys in the prior-year period.

The normalized profit margin declined to negative 1.5% from negative 1.4% in the year-earlier period.

Total revenue increased 8.2% on an annual basis to 46.5 million zlotys from 43.0 million zlotys, and total operating expenses rose 15.4% year over year to 49.0 million zlotys from 42.5 million zlotys.

Reported net income came to a loss of 563,000 zlotys, or a loss of 2 groszy per share, compared to income of 20.6 million zlotys, or 67 groszy per share, in the prior-year period.

As of Nov. 8, US$1 was equivalent to 3.92 zlotys.