trending Market Intelligence /marketintelligence/en/news-insights/trending/YVpdY7jiHtbuoww7RXuwmw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Symbio Polska Q2 loss narrows YOY


What’s on the Horizon for the Cruise, Hotel & Resorts Sector?

Capital Markets View – February 2021


Latin America multichannel, broadband market 2020 recap


TMT News & Insights: February 2021

Symbio Polska Q2 loss narrows YOY

Symbio Polska SA said its normalized net income for the second quarter amounted to a loss of 5 groszy per share, compared with a loss of 11 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 337,770 zlotys, compared with a loss of 383,880 zlotys in the year-earlier period.

The normalized profit margin rose to negative 7.9% from negative 12.2% in the year-earlier period.

Total revenue grew 35.7% on an annual basis to 4.3 million zlotys from 3.2 million zlotys, and total operating expenses rose 29.3% on an annual basis to 4.8 million zlotys from 3.7 million zlotys.

Reported net income totaled a loss of 592,650 zlotys, or a loss of 9 groszy per share, compared to a loss of 625,660 zlotys, or a loss of 18 groszy per share, in the prior-year period.

As of Aug. 22, US$1 was equivalent to 3.80 zlotys.