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BRIEF-Baltika Q4 2016 net result swings to profit of 0.62 mln euros
February 28, 2017 / 11:21 AM / 10 months ago

BRIEF-Baltika Q4 2016 net result swings to profit of 0.62 mln euros

Feb 28 (Reuters) - Baltika AS:

* Q4 2016 turnover at 12.7 million euros ($13.47 million) versus 13.5 million euros year ago

* Q4 2016 net profit at 0.62 million euros versus loss of 4.6 million euros year ago

* Says the reasons for the improved results is leaving unprofitable high risk retail markets of Ukraine and Russia

Source text: bit.ly/2ludMKR

Further company coverage: ($1 = 0.9431 euros) (Gdynia Newsroom)

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