trending Market Intelligence /marketintelligence/en/news-insights/trending/ZkT2M6LB54Eo6bD22tExuA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Cyfrowe Centrum Serwisowe Q1 profit falls 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

Cyfrowe Centrum Serwisowe Q1 profit falls YOY

Cyfrowe Centrum Serwisowe SpA said its normalized net income for the first quarter was 97,950 zlotys, a decline of 79.1% from 469,090 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 fell to 0.3% from 1.2% in the year-earlier period.

Total revenue declined 11.0% on an annual basis to 34.7 million zlotys from 39.0 million zlotys, and total operating expenses declined 11.3% year over year to 34.1 million zlotys from 38.5 million zlotys.

Reported net income declined 83.9% from the prior-year period to 88,500 zlotys, or 1 groszy per share, from 551,100 zlotys, or 3 groszy per share.

As of May 16, US$1 was equivalent to 3.85 zlotys.