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BRIEF-Open Finance Q1 net result swings to profit of 3.7 mln zlotys
May 9, 2017 / 3:44 PM / 3 months ago

BRIEF-Open Finance Q1 net result swings to profit of 3.7 mln zlotys

May 9 (Reuters) - OPEN FINANCE SA

* Q1 NET PROFIT 3.7 MILLION ZLOTYS VERSUS ADJUSTED NET LOSS OF 18.9 MILLION ZLOTYS A YEAR AGO

* Q1 REVENUE 90.1 MILLION ZLOTYS VERSUS ADJUSTED 74.6 MILLION ZLOTYS A YEAR AGO

* Q1 OPERATING PROFIT 1.4 MILLION ZLOTYS VERSUS ADJUSTED LOSS OF 30.0 MILLION ZLOTYS A YEAR AGO

* Q1 REVENUE BOOSTED BY REVENUE GROWTH IN ALL PRODUCTS CATEGORIES

* OPERATING COSTS IN Q1 FELL DOWN 15 PERCENT TO 88.2 MILLION ZLOTYS HELPED BY LOWER AMORTISATION, EMPLOYMENT COSTS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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