trending Market Intelligence /marketintelligence/en/news-insights/trending/v_v0-Y3U3r7hqKlNXx0BzQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Zinzino Q1 profit climbs 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


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

Zinzino Q1 profit climbs YOY

Zinzino AB said its normalized net income for the first quarter was 13 Swedish öre per share, a gain of 93.2% from 7 öre per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 4.1 million kronor, a gain from 1.8 million kronor in the prior-year period.

The normalized profit margin increased to 3.7% from 2.4% in the year-earlier period.

Total revenue increased 44.3% year over year to 109.0 million kronor from 75.5 million kronor, and total operating expenses increased 40.2% from the prior-year period to 102.2 million kronor from 72.8 million kronor.

Reported net income rose 80.2% year over year to 5.2 million kronor, or 17 öre per share, from 2.9 million kronor, or 11 öre per share.

As of May 22, US$1 was equivalent to 8.38 Swedish kronor.