Orzel Bialy Announces Unaudited Consolidated Earnings Results for the Three Months Ended March 31, 2017
Orzel Bialy announced unaudited consolidated earnings results for the three months ended March 31, 2017. For the period, the company reported total revenue of PLN 162,726 against PLN 114,870 a year ago. Profit on sales was PLN 1,964 against PLN 4,010 a year ago. Loss on business activities was PLN 801 against profit of PLN 2,585 a year ago. Loss for the fiscal year was PLN 801 against loss of PLN 2,585 a year ago. Net cash outflows from operating activities were PLN 30,273 against PLN 27,125 a year ago. Purchase of intangible assets and tangible fixed assets was PLN 1,107 against PLN 933 a year ago.