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BRIEF-Grindeks H1 2017 net profit increase by EUR 2.2 mln
August 28, 2017 / 1:31 PM / 23 days ago

BRIEF-Grindeks H1 2017 net profit increase by EUR 2.2 mln

Aug 28 (Reuters) - GRINDEKS AS :

* SAYS H1 2017 TURNOVER IS EUR 68.3 MILLION AND HAS INCREASED BY 21.9 MILLION EURO OR 47 PERCENT IN COMPARISON TO H1 OF 2016

* H1 NET PROFIT IS 6.5 MILLION EURO AND HAS INCREASED BY 2.2 MILLION EURO OR 53 PERCENT COMPARED TO H1 OF 2016

* H1 GROSS PROFIT MARGIN IS 58%, WHILE NET PROFIT MARGIN WAS 9%

* H1 GROUP‘S PRODUCTION EXPORTS TO 62 COUNTRIES WORLDWIDE, A TOTAL OF 61.2 MILLION EURO WHICH IS BY 19.9 MILLION EURO OR 48% MORE THAN H1 2016 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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