May 30, 2017 / 5:36 AM / 2 months ago

BRIEF-Echo Investment Q1 net profit lowers to 62.3 mln zlotys

1 Min Read

May 30 (Reuters) - ECHO INVESTMENT SA:

* SAID ON MONDAY THAT ITS Q1 REVENUE WAS 67.7 MILLION ZLOTYS VERSUS 143.2 MILLION ZLOTYS A YEAR AGO

* Q1 NET PROFIT WAS 62.3 MILLION ZLOTYS VERSUS RESTATED 188.5 MILLION ZLOTYS

* Q1 OPERATING PROFIT WAS 89.2 MILLION ZLOTYS VERSUS 168.0 MILLION ZLOTYS A YEAR AGO

* IN 2017 THE COMPANY PLANS TO START RESIDENTIAL AND OFFICE PROJECTS WHOSE TOTAL RENTAL AREA IS OVER 130,000 SQM

Source text for Eikon:

Further company coverage: (Gdynia Newsroom)

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