trending Market Intelligence /marketintelligence/en/news-insights/trending/wKahcmLA-XIVzRVLFsI-kw2 content esgSubNav
In This List

SFD SA Q1 profit climbs YOY

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet

Blog

Bed, Bath, and Bankruptcy: Using Quantitative Credit Models to Predict Corporate Defaults

Blog

Insight Weekly: Stocks limp into 2023; GCC banks set for rebound; deep-sea mining faces pushback

Infographic

Infographic: The Big Picture 2023 Sustainability Outlook


SFD SA Q1 profit climbs YOY

SFD SA said its normalized net income for the first quarter came to 614,000 zlotys, an increase from 232,650 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 increased to 2.3% from 1.2% in the year-earlier period.

Total revenue climbed 41.2% year over year to 27.0 million zlotys from 19.1 million zlotys, and total operating expenses rose 39.6% on an annual basis to 26.0 million zlotys from 18.6 million zlotys.

Reported net income increased from the prior-year period to 768,020 zlotys, or 2 groszy per share, from 276,610 zlotys, or 1 groszy per share.

As of May 15, US$1 was equivalent to 3.54 zlotys.