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BRIEF-Primecity Investment FY net profit amounted to 62 million euros
April 28, 2017 / 4:36 PM / 4 months ago

BRIEF-Primecity Investment FY net profit amounted to 62 million euros

April 28 (Reuters) - Primecity Investment PLC:

* Revenue increased in 2016 to EUR 52.6 million ($57.30 million) from EUR 39.7 million in 2015

* FY operating profit amounted to EUR 88 million

* FY net profit amounted to EUR 62 million

* Net cash provided by operating activities increased to EUR 41 million in 2016, up from EUR 31 million in 2015

* Total assets amounted to over EUR 1 billion as of year-end 2016

* FY equity ratio of 60 pct, 63 pct assuming conversion of the convertible bonds which were fully converted/redeemed in March 2017 Source text for Eikon: Further company coverage: ($1 = 0.9179 euros) (Gdynia Newsroom)

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