Agroliga Group PLC Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2018
Agroliga Group PLC reported unaudited earnings results for the first quarter ended March 31, 2018. For the quarter, the company reported sales revenue of €5,059,000 against €4,788,000 a year ago. Operating profit was €663,000 against €593,000 a year ago. Profit before tax from continuing operations was €723,000 against €560,000 a year ago. Profit for the year from continuing operations was €721,000 against €559,000 a year ago. Profit for the year attributable to equity holders of the parent was €670,000 against €542,000 a year ago. Net cash flows from operating activities were €1,853,000 against net cash used in operating activities of €676,000 a year ago. Payment for purchase of property, plant and equipment was €1,725,000.